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The firings include top executives across verticals such as agri-business, sourcing, FMCGs and the team responsible for scouting new locations for its store.
The expansion of the brick-and-mortar retail behemoth in India was getting constricted with competition from online retailers and government designing rules to protect local Kirana shops.
In April last year, Walmart had said that it wants to expand its wholesale segment by supplying goods to the small Kirana shops and double its wholesale locations in the next four years.