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• Walmart yesterday announced that it will share more sales data with its vendors as it looks to sharpen its replenishment of “out-of-stock items as it tries to better compete with rivals like Amazon.”

According to the story from Reuters, Walmart’s “On Shelf Customer Availability (OSCA) data, which was only accessible internally, will be shared at the Supplier Growth Forum, a two-day event at Walmart headquarters in Bentonville, Arkansas, on Tuesday and Wednesday.”

The move came as Walmart said it would tighten deadlines for shipment deliveries, and raise the fines with which suppliers are penalized when they miss those deadlines.

• The Economic Times reports that Walmart is in negotiations to acquire a minority stake in Flipkart, the leading e-commerce marketplace in India.

According to the story, “if a deal takes place, Walmart may acquire a 15-20% stake in Flipkart, allowing them to combine synergies to compete with Amazon in India.”
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