Sunday, February 28, 2021
Home BUSINESS Walmart-Second Fulfillment Center To Open in Lucknow

Walmart-Second Fulfillment Center To Open in Lucknow

American retail giant Walmart will open 20 new wholesale cash and carry stores in India in the next three years. Two stores will be opened this year. 8 stores will be launched next year and 10 in the third year. There are plans to open 50 stores in the next 5 to 7 years. This was informed by Krish Iyer, President, and CEO of Walmart India.

Plan to Open 15 Stores in UP

The company has signed an MoU with the state government to open 15 stores in UP in the next few years. These stalls will be opened in Kanpur, Moradabad, Varanasi, Gorakhpur, Saharanpur, Lucknow and Ghaziabad. Three locations have been decided and 9 are under consideration. Walmart currently operates 21 stores in 9 states under the Best Price brand.

Second Fulfillment Center Started in Lucknow

Walmart India on Monday launched Fulfillment Center in Lucknow. This is the second center in the country. The first center opened in Mumbai last year. Through the Fulfillment Center, the company deals with online business-to-business customers. Walmart India is doing about 50% of the business through B-to-B e-commerce, call centers, and other out-of-store mediums. The remaining 50% is run through the business store.


Please enter your comment!
Please enter your name here

Most Popular

20 Businesses You Can Start With Less Than 10K

There are so many people out there in this world who don't like working under somebody's thumb for the rest of their lives. Being...

WhatsApp is Popular Tool For Small Startups Business

So far, you will only know one role of WhatsApp. That is to talk to someone. WhatsApp also provides call and video call facilities....

Higher Income Tax To Be Paid Even During Work From Home in Corona Crisis

Most countries of the world had to lockdown due to the Corona crisis. In such a situation, there are many companies, whose employees have...

9 Schemes Run By Government of India For Women Entrepreneurs

Comparing the figures of Startup India in India, there are only 8 million women entrepreneurs out of total enterprises and more than 50 million...