- Walmart India’s 20 Best Price Modern Wholesale stores across 9 states in India go online on ecommerce platform
- All Best Price members can now log on to www.bestprice.in and shop online
- Wide range of merchandise, convenient payment solutions and door delivery make it a seamless Omni-channel shopping experience for members
New Delhi, July 20, 2015: Walmart India, the wholly owned subsidiary of Walmart Stores Inc., reaches a significant milestone as it completes extending its B2B e-commerce operations to all of the 20 Best Price Modern Wholesale stores present in 9 states.
The initiative has been extended to stores located inPunjab (Amritsar, Bhatinda, Jalandhar, Ludhiana and Zirakpur), Uttar Pradesh (Agra, Meerut and Lucknow), Telangana (Hyderabad), Andhra Pradesh (Guntur, Rajahmundry and Vijaywada), Madhya Pradesh( Bhopal’s two stores and Indore), Maharashtra (Amravati and Aurangabad), Chhattisgarh (Raipur), Jammu & Kashmir (Jammu), and Rajasthan (Kota).
Announcing the completion of the e-commerce platform across all of its current 20 stores, Krish Iyer, President and CEO, Walmart India, said, “It is indeed a significant milestone for us as all our 20 Best Price Cash & Carry stores go online ahead of plan. India is an important market for us, and Walmart is committed to the country and our members, especially small businesses & kiranas. With the rapid technology adoption led by the increasing use of devices such as smartphones and tablets, and access to the internet through broadband, 3G, etc, we feel very enthused about our B2B ecommerce platform. In fact, we have been receiving very encouraging response from our members. Offering an omni-channel shopping experience to our members is thus poised to be a major growth driver for Walmart in India.”
This B2B ecommerce is a 24/7 interactive site and ensures convenience of easy selection & payment along with efficient delivery of quality products at the member’s doorstep, thus making it a seamless shopping experience. As a virtual store, the e-commerce platform provides a similar assortment of products as the brick and mortar Best Price Modern Wholesale stores including a select variety of fresh fruits and vegetables.
Walmart India launched its B2B e-commerce platform on 1st July, 2014 for members of Lucknow and Hyderabad Best Price stores, gradually extending it to all. Various workshops were organized to generate awareness and create better understanding of the website navigation, benefits and registration processes. Only registered members of the Best Price Modern Wholesale stores are eligible to transact online. Eligible establishments (resellers, kirana shop owners, hotels, restaurants, caterers and offices and institutions) in the catchment areas can transact only after registering as members. To register and become a member, one can log on to www.bestprice.in.
About Walmart India:
Wal-Mart India Private Limited is a wholly owned subsidiary of Walmart Stores Inc., the world’s leading retailer renowned for its efficiency and expertise in logistics, supply chain management and sourcing. Walmart India owns and operates 20 Best Price Modern Wholesale stores in 9 States across India. The first store opened in Amritsar in May 2009. The company plans to open 50 more stores by 2020. Walmart India launched its B2B e-commerce platform in July 2014 and has extended it to 20 stores.
The Best Price stores offer best prices with unmatched convenience, choice, quality and hygiene. The mission of Best Price is ``Enabling businesses to prosper…every single member”. To enter and purchase from Best Price stores, it is mandatory to become a member. Members can belong to different business categories such as Resellers (‘Kirana Stores’); Offices and Institutions (O&I); and Hotels, Restaurants and Caterers (HoReCa). The assortment, service and store layout are customized to the specific needs of members who can walk into a Best Price store and source high quality products in quantities they need and at the time they require.