Walmart has been ranked as the top retail firm in India, after it acquired Flipkart in 2018 for $16 bn, according to Euromonitor study. “Many urban households are adopting more modern lifestyles, especially in big cities such as Bangalore, Mumbai, Pune, Delhi and Hyderabad,” the report, titled ‘Top 100 Retailers in Asia’, said. “This behavioural change is impacting retailing in the country. Due to households’ hectic lifestyles and the busy schedules of working adults, most consumers in urban areas prefer to make their monthly purchases from modern grocery retailers instead of traditional grocery retailers,” it said.