Walmart unveils 28th wholesale store in India

Walmart India has launched its 28th Best Price Modern Wholesale Store in India in the city of Kurnool in Andhra Pradesh. The newly opened store simultaneously got integrated with the B2B e-commerce platform, which makes it the 28th ‘Best Price’ Store to go online.

Krish Iyer, President & CEO, Walmart India said, “As we continue to grow our network of cash & carry stores in the country with a mission to help small businesses prosper, we would like to thank all our members, partners, associates and stakeholders for their overwhelming support & contribution to the success of our business. We continue to strive to better serve our members and explore more opportunities to create shared value as we open our 28th ‘Best Price’ Store in the country.”

Walmart is the wholly-owned subsidiary of Walmart Inc.

Andhra Pradesh: An important market for Walmart

Andhra Pradesh is an important state for Walmart. It is an important sourcing destination for the company as it sources a variety of fruits and vegetables directly from farmers, agriculture commodity products from local suppliers and food and non-food items for several private brands.

“Andhra Pradesh is an important state for us and we have invested in growing our footprint there. This is our fifth store in the state with four other stores located at Rajamahendravaram, Guntur, Vijayawada and Visakhapatnam,” Iyer further stated.

28th Best Price Modern Wholesale Store

Spread over 50,000 sq ft, the store will cater to the business needs of underserved small businesses like kiranas/resellers, offices & institutions (O&I) and hotels, restaurants and caterers (HORECA) of the region.

The Cash & Carry Store will enable Walmart India to provide unique value propositions of a wide range of quality merchandise & local assortment at ‘Every Day Low Prices’, unique shopping options, 24-hour door-step delivery and convenient payment solutions to members in Kurnool and adjoining areas.

The store will also be contributing to the local and state economy by creating an estimated 2,000 direct and indirect jobs. It will further boost the smallholder farmers and regional supplier eco-system as it will directly source from farmers and locally relevant food, non-food products from local suppliers to fulfill the needs of its members.

Apart from this, the 28th Best Price Modern Wholesale Store is integrated with sustainable solutions including renewable energy, LED lights, water recycling through Sewage Treatment Plant and groundwater recharging through a collection of stormwater and waste management.