Bentonville, Arkansas-based Walmart's plan to crack India's giant consumer market, compete with Amazon.com Inc., and Asia’s richest man, Mukesh Ambani of Reliance Industries -- who has announced plans to launch his own e-commerce initiative -- is to collaborate with the neighborhood stores. Twelve million neighborhood stores across India account for...
Walmart India to Boost 'Kirana' Store Business
Walmart India plans to scale up its family-owned kirana or grocery store program called Mera Kirana, which helps small grocery stores modernize, and make it part of its main business in India. Walmart creates zones in its Best Price wholesale stores that are designed to resemble a modern kirana store....