Walmart India pivots: second Chennai GCC, India sourcing push, and a bet on services and ad-sales profit
Walmart is retooling its India play — exiting brick-and-mortar while opening a second Chennai global capability centre, exploring sourcing of toys, shoes and bicycles from India, and leaning into services and ad-sales for profit growth over the next five years.
Walmart India news roundup: exiting brick-and-mortar, opening second Chennai GCC, exploring sourcing toys/shoes/bicycles from India, and betting on services and ad-sales profit growth. Citykart names Ritesh Rathi president and COO.