VENTURE CAPITAL POST

San Francisco-based recruiting startup getTalent's founder Abraham Shafi told TechCrunch that his company was just acquired by job website Dice, but financial terms of the said deal were not disclosed.

Wal-Mart Stores Inc is sticking with Bank of America's Merrill Lynch unit to run its 401(k) program with $18 billion in assets, Wal-Mart confirmed on Tuesday.

With more shoppers wishing to avoid the throng, research firm comScore reported a 15% increase of online spending on Black Friday to USD 1.20 billion.

Online shopping website Amazon is set to dominate this holiday season, rising above other ecommerce rivals and traditional retailers and hitting a 54% increase in its stock this year.

Wal-Mart CEO and President Mike Duke will officially step down on Feb 1, 2014 and will be replaced by Doug McMillon who is the head of Wal-Mart's international division. Duke will continue his role as Chairman and will be advising the new CEO for a year.

WalMart, Sears, Macy's and other retailers are now doing their best to increase sales for the coming Christmas season.

Walmart decided to offer its holiday deals early in anticipation for holiday shopping season.

In a joint statement, Bharti Retail and Walmart dissolve their Best Price partnership in India.

The recent remarks made by officials of both Bharti and Walmart indicate issues between the two.

According to a top Indian government official, Walmart's plans of getting into the country's multi-brand segment could be at its final stage.

In a surprising but laudable move, multinational retail company Walmart released changes on its 2014 healthcare package, including a provision for LGBT employees to elect domestic spouses in health insurance.

PayPal plans to expand so that it could be a one-stop shop for customers' financial services needs.

Centre for Retail Research aid that the royal baby boy would generate US$373 million retail boom until August 31.

Loblaw Cos Ltd. would buy Shoppers Drug Mart Corp for US$11.9 billion so that it could create a retail giant.

The government of India may allow foreign retail stores such as Walmart and Tesco to come into the industry without any of those conditions given that their multi-brand retail venture is less than 50%.