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Walmart Stores to invest $11 bn in FY 16-17; $1 bn on e-commerce

August 24, 2016 |by indiafood forum | Comments Off on Walmart Stores to invest $11 bn in FY 16-17; $1 bn on e-commerce | FOOD & GROCERY | ,

World’s biggest retail store chain Wal-Mart Stores Inc. will invest $11 billion in financial year 2016-17 on global store expansion, to improve technological capabilities and to upgrade its global e-commerce initiatives, Brett Biggs, Walmart’s executive vice president and chief financial officer was quoted as saying in the company’s annual report…READ MORE

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