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Walmart’s Flipkart To Acquire Retail Giant’s Indian Stores

PYMNTS

Walmart is selling its 28 stores and eCommerce operations in India to Flipkart Group , the online marketplace it controls. The stores operate like warehouse clubs, serving independent retailers and other small businesses. Under India’s regulations, Walmart cannot sell directly to consumers through its websites or open supercenters.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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Data Insights, Reducing Friction Keys To Online Retail Strategy

PYMNTS

In an increasingly complex consumer landscape, creating a coherent retail strategy requires synthesizing hundreds of data points on industry, consumer and competitor trends. Other days, I spend looking at partners that, when combined with our services, could add something to the retail ecosystem that the world doesn’t even know it needs yet.

Strategy 100
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Office Depot Makes Changes In Leadership Team

PYMNTS

Office Depot has made some key changes in its leadership team, including naming a new chief digital officer. The company also named Troy Rice as president, retail division — a position that will focus on the company’s B2C customers. According to Chain Store Age , Kevin Moffitt is now the company’s chief digital officer.

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Apple’s Retail Head Ahrendts Steps Down

PYMNTS

Apple announced that its retail chief, Angela Ahrendts, is stepping down, while Deirdre O’Brien is taking on an expanded role as senior vice president of Retail + People. Through the teams’ collective efforts, retail has never been stronger or better-positioned to make an even greater contribution for Apple,” said Ahrendts. “I

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Commerce Principal Quoted in ForresterNow Report

Perficient

Forrester states that to provide an enhanced and optimized commerce experience in conjunction with fixed promotional options and marketplace platform requirements, B2B sellers need to supercharge all components of their marketplace ecosystem and online presence. Would you put up the same signs? B2B Marketplaces Are the Next Step in Commerce.

Report 495
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Etsy Provides Some Clues On March Retail Numbers

PYMNTS

The first of what is expected to be a series of informal retail reports on March results was delivered Thursday afternoon (April 2), this one from Etsy. As expected, the volume swings from January through the end of March were dramatic for the online seller marketplace. But what was not expected was an uptick as the month wore on.

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