Amazon is partnering with Indian Retail Group, Future Retail, to expand the reach of Future Retail’s stores through Amazon’s marketplace. The deal will see Amazon become the official online sales channel for Future Retail. Authorised online sales channel Amazon India will become the authorised sales channel for Future Retail stores, enabling the latter to reach a wider customer base. Future...

7-Eleven India plans to set up 1,000 stores in Mumbai for the next few years. Launch in March The retailer will be working with a Japanese logistics company, Nippon Express, to develop a network for distributing food and groceries. The first outlets will open in March and the retailer believes it will be two to three years before it considers expanding outside of Mumbai. Local food devel...

We review Walmart's third quarter results and the outlook as it moves into its most important trading period. Walmart's key numbers Walmart's total revenue in Q3 increased by 2.5% to $128.0bn Sales in its US stores increased by 3.2% and by 0.7% at Sam’s Club US comp store sales increased by 3.2%, and by 6.6% on a two-year stacked basis US ecommerce sales increased 41% Sam’s C...