Walmart to Open in Vizag
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Walmart to Open in Vizag :-
US retail giant Walmart is coming to Vizag. It is getting ready to open its best price wholesale cash and carry store. which is already a hit in other locations across the country and is working on getting approvals from local authorities. It will be Walmart‘s fourth such store in Andhra Pradesh. The US retail giant already has the wholesale stores in Rajahmundry, Vijayawada and Guntur in AP. Last week Walmart lndia president and CEO Krish lyer has announced their plans for Vizag in AP and also Ludhiana in Punjab. A wholesale store by Walmart can generate around 150 direct jobs and also benefit small and medium grocery stores to procure goods at relatively competitive price.
A wholesale store of such a magnitude will also benefit local suppliers of various goods like dairy and fresh products as Walmart sources these goods from local suppliers where the US retail giant already has these stores. “The range of fresh foods at best price makes it the best place to buy vegetables. fruits. milk and milk products. chicken, mutton and fish. The sourcing for fresh produce is done through local and regonal sourcing teams.” said a Walmart India official. Best price modern whole sale is a business-to-business. cash and carry whole sale format. More than 5000 items across product categories are offered under one roof at low transparent prices to business members. We have not received any application from Walmart for a trade licence. However, we will issue it after thoroughly verifying the project as and when they apply.“ said GVMC commissioner, Pravin Kumar.
This Article was First Appeared in Deccan Chronicle.