Walmart which currently operates its stores in 29 locations within India will be cut down in size by Flipkart, who now acquires Walmart’s cash and carry business. Flipkart has planned to cut the store size in half and use the other half as a warehouse to facilitate online sales of the company. They believe that their online sales generate more than half of their revenue and therefore they want to merge the online and in-store to provide the consumers with better and quicker access to products.
Flipkart: Might probably turn Walmart stores into warehouses
