Walmart began as a small mom and pop store in Arkansas in the 1950s and has evolved into one of the largest retailers in the world today. The chain’s major hallmark: selling goods at prices lower than local mom-and-pop stores. (Sources: WEF Reports, Statista, Business Insider, Bloomberg)
Being the boss means dressing the part. Nine corporate leaders take us through their wardrobe choices to walk the talk (Coordinated by Mexy Xavier)
The handloom weavers of Balaramapuram near Thiruvananthapuram have given a fresh lease of life to the ancient science of ayurvastra—a branch of ayurveda. In ayurvastra, yarn or fabric is treated with dyes prepared from over 1,200 herbs, like holy basil and turmeric. Some of these herbs grow wild around the brick building, out of which functions the Handloom Weavers Development Society. Ayurvastra garments are said to aid in the treatment of skin infections, diabetes and hypertension. International design houses like Lecoanet Hemant source fabric from the society.
The world’s largest retailer, Walmart, has an international reach of 6,360 stores across five continents. According to Bloomberg, the contribution of its international business to total revenue has reduced from about 30 percent five years back, to less than one-quarter of its total revenue. Reason? Competition, store closures and weak economies. With Doug McMillon as CEO, the company has seen a strategic change – buying e-commerce startups and focusing on potential markets like China and India. In the context of Walmart’s mega deal with one of India's largest ecommerce portals, Flip
What it will take to get back to record levels of economic growth
Royal Caribbean Cruises' Symphony of the Seas, the world’s largest and newest cruise ship, embarked on its maiden voyage. “We have built Symphony of the Seas to be the jewel in our Instagram crown. The architectural marvel provides the perfect backdrop for her 6,680 guests to capture incredible onboard images that are going to take over Instagram feeds worldwide,” says Ben Bouldin, MD, Royal Caribbean. To help guests make the most of these Insta-moments, the company has appointed an ‘Instagrammer-in-chief’ to help guests create truly enviable Instagram shots
It may seem strange to us that May Day is celebrated as a traditional spring holiday in other parts of the world. It wasn't until late 19th century that May 1 was chosen as the International Workers Day (or Labour Day). This holiday holds a certain appeal in countries where lifelong labour is synonymous with life. The futurists however, are predicting days when Artificial Intelligence will do all the work for us, while we grapple with a lifetime of leisure; Kerala has just contributed to the process by banning the practice of ‘gawking’ charges. Read on…
There is an ongoing debate whether selfies represent a low point of modern-day culture or not. Jerry Saltz, the Pulitzer-winning art critic disagrees. He says, ‘selfies are our little diaries that say ‘I’m here, look at me’’. Whether one agrees or not seems irrelevant in the face of a statistic that’s worth obsessing about: Over one million selfies are posted on social media everyday. These images are proof that ease-of-use has quickened the narcissistic impulse in us. The recent - and ironic - response to this phenomenon is a pop-up museum in Los Angeles
Multinationals like General Electric are innovating with products and services relevant to India and taking them worldwide
Luxury is a tangible edifice built on elegance. In embracing luxury, we are embracing the evolving tastes of our civilization and showcasing a culture's parameters of 'fine-ness'. Ease into bliss at our luxury getaway recommendations this summer. Chosen from among the winners of World Luxury Hotel Awards, these are a mélange of spaces that will awaken your senses to the wonders of nature, and beyond it, the wonders of nurturing hands'
Indian photojournalist Danish Siddiqui, along with five of his colleagues from Reuters, has won the Pulitzer Prize on Feature Photography for their coverage of the mass exodus of the Rohingyas to Bangladesh from Myanmar