Flipkart to relocate HQ to India ahead of IPO

Flipkart to relocate HQ to India ahead of IPO

Flipkart, the Walmart-owned Indian e-commerce startup that closely fights Amazon in the South Asian market, is preparing to shift its headquarters back to India from Singapore as the company prepares to file for an IPO on Indian stock exchanges. On Monday, Flipkart said the move “represents a natural evolution, aligning our holding structure with our…

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#Walmart is buying TV maker Vizio in play for ad business

#Walmart is buying TV maker Vizio in play for ad business

Walmart will acquire the television maker Vizio for $2.3 billion, the retail chain announced Tuesday. The retailer said in a press release that the acquisition of Vizio and its smart TV operating system, SmartCast, will help grow Walmart’s media business by “bringing together VIZIO’s advertising solutions business with Walmart’s reach and capabilities.” “There is a…

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#Walmart yanks boots with KKK moniker off its website

#Walmart yanks boots with KKK moniker off its website

“Walmart yanks boots with KKK moniker off its website” Walmart yanked a military hiking boot emblazoned with “KKK” from its online store after complaints from a civil rights group. The “Harsuny Men’s Tactical Military Hiking Ankle Boot Outdoor Trekking Shoes” bore a red “KKK” logo on the tongue of shoes available in black and tan….

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#Ex-CEO Bob Nardelli warns organized retail theft an ‘epidemic’

#Ex-CEO Bob Nardelli warns organized retail theft an ‘epidemic’

“Ex-CEO Bob Nardelli warns organized retail theft an ‘epidemic’” As big-name retailers like Walmart and Home Depot warn of rising retail thefts this holiday season, two experts are predicting the surge “only escalates from here” into an “epidemic.” “Today, this thing is an epidemic. It’s spreading faster than COVID,” former chairman and CEO of Chrysler…

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#Retail theft could lead Walmart to close stores, raise prices

#Retail theft could lead Walmart to close stores, raise prices

“Retail theft could lead Walmart to close stores, raise prices” Shoplifting has gotten so bad at Walmart stores that the retail giant may shutter locations in areas where local governments are taking a soft-on-crime approach, the company’s boss said. CEO Doug McMillon, who has led Walmart since 2015, confirmed the retailer has experienced an increase…

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# How to buy food with Bitcoin?

# How to buy food with Bitcoin?

” How to buy food with Bitcoin? “ Bitcoin (BTC) is a dynamic monetary asset with the potential of being both — a commodity and a currency. For instance, the Securities and Exchange Commission (SEC) classified BTC as a commodity, whereas El Salvador made Bitcoin a legal tender in 2021.  So, does this make BTC…

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#Issa Rae, Walmart Team for Emerging Black Talent Incubator  

#Issa Rae, Walmart Team for Emerging Black Talent Incubator  

Issa Rae, Walmart Team for Emerging Black Talent Incubator   Issa Rae’s HOORAE media banner and Walmart are partnering for a new program to incubate emerging Black talent to become next-generation content creators. Rae, co-creator and star of Insecure, is spearheading the inaugural Black & Unlimited Digital Development program to offer next-generation Black content creators courses and…

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