Amazon and Walmart Thought India Would Be Their Next Giant Market. India’s Shopkeepers Would Like to Disagree

In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy. “Amazon, Flipkart!” one merchant after another shouts into a microphone from a small stage in Sadar Bazaar’s central … Read more…

Think Walmart Can’t Beat Amazon? Think Again: E-Commerce Extends Streak of Big Sales Gains

Walmart‘s strategy of blending stores and e-commerce to push back at Amazon.com is working. The world’s largest retailer wmt reported on Thursday that comparable sales at its namesake U.S. stores rose 3.4% in the third quarter, above Wall Street expectations … Read more…