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Reliance Retail Ventures, a subsidiary of Reliance Industries, will buy Future Group’s retail and wholesale business including its logistics and warehouses for US$3.4bn.

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We review Walmart's second quarter results and its outlook as the business adapts to the new trading environment. Walmart's key numbers Walmart's total revenue in Q2 increased by 5.6% to $137.7bn Operating income increased 8.5% to $6.1bn Sales in its US stores increased by 9.5% to $93.3bn and by 8.8% to $16.4bn at Sam’s Club US comp store sales increased by 9.3%, with average ti...
In its Q3 2019/20 results, Metro reported a 17.5% decrease in like-for-like (LFL) sales, compared to the previous year, driven by the Coronavirus (COVID-19) pandemic and its negative impacts on the hospitality sector. However, as of July this year, Metro noted that sales had recovered to the previous year’s level in its Hotels, restaurants and catering (HoReCa) division. Germany: like-for-like...
Walmart’s majority-owned Flipkart operation in India is launching a new wholesale business. As part of this initiative, Flipkart is acquiring Walmart’s existing business in India. Slow progress in developing its wholesale stores Walmart entered the Indian market over 10 years ago, initially forming a joint venture with Bharti Enterprises. When this was terminated in 2013, Walmart acquired t...

Presentations

04/09/2020
Strategies used by retailers and brands to drive H&B sales in Asia despite the COVID-19 pandemic are discussed in this report, supported by case studies covering key aspects such as products, marketing, technology, offline stores and online channel.
20/08/2020
We review the impact of COVID-19 on the five trends which we identified at the start of the year to shape the future of food and consumer goods retailer in Asia in 2020 and beyond.
18/06/2020
We look at Walmart's strategic priorities as it aims to become the world's leading omnichannel retailer and build out an ecosystem that is broader than its physical and digital stores.
View all presentations

Key presentation

This in-depth guide to India explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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We've grouped all the latest Asian retail news, store visits, retailer profiles and downloadable presentations together in one place.