Our first Best Price Modern Wholesale opened in 2009. Best Price is a cash-and-carry wholesale warehouse that sells bulk food and consumables along with supplies needed to operate small business operations, such as restaurants, hotels and convenience stores.
Direct Farm program
Our Direct Farm program connects with more than 9,400 small- and medium-sized farmers across nine states in India (as of 12/31/12). We have set up farmer training and collection centers across Andhra Pradesh, Delhi/NCR, Haryana, Himachal Pradesh, Karnataka, Maharashtra, Punjab, Rajasthan and Uttar Pradesh to provide training to our farmer regarding good agricultural practices aimed at increasing yield and improving quality of locally grown vegetables. Our Direct Farm program works closely with agricultural universities, agri input companies and NGO partners to enhance income and livelihood of farming communities in India. We've also provided training to more than 3,800 women farm workers with the help of our NGO partners.
Cashew value chain
Our cashew value chain initiative, conducted in collabration with CARE, aims to provide sustainable economic opportunity for 1,250 women in two coastal districts of Tamil Nadu. Three processing centers and eight satellite centers are located in the villages to reduce commute time and facilitate strong participation. This initiative has provided opportunities for vulnerable women to improve literacy and math skills, while increasing their income.
Bharti Walmart Training Centres
Our 18 Bharti Walmart Training Centres across the country provide free retail training to underprivileged youth, free of cost. By the end of 2012, more than 18,000 students had been certified and more than 6,500 had been placed in jobs with various organizations. Women account for 33% of the students certified by our centers and are an integral part of our training program as we prepare them for their first jobs or, for some, careers in retail.
Food throwaway reduction
In 2012, our Best Price stores lowered their food throwaway rate to 2.33%, a reduction of 16.5% over the prior year.
The following were key drivers in this initiative:
- More locally grown produce
- Direct import of apples, pears and kiwi
- Proper indenting to reduce dump
- Focus on frozen meat to reduce processing dump of fresh
- Higher-grade items for longer shelf life and quality
Plastic bag reduction
In an effort to phase out plastic shopping bags, our Best Price stores introduced reusable, nonwoven bags and reusable High Density Poly Ethylene (HDPE) bags in 2012. These two options alone have reduced use of traditional plastic shopping bags in our stores by more than 90%.
Store associate development
In order to provide all associates equal opportunity, we’ve launched various programs, including Education at Work, Women in Leadership and Associate Development Maps.
- Nearly 4,000 associates have completed our trainings
- Associate Development Maps clearly chart career paths for associates.
- We offer regular refreshers and role-based training.
- In 2012, more than 400 store associates enrolled in English or computer education classes.
- Training Roadmaps have been developed for every associate in an attempt to identify development needs.
Talent management for women
We realize and understand the advantages of employing and promoting women, especially since the majority of our customers are women. We're currently developing nearly 100 female associates for management roles and are committed to growing a diverse talent pool across India.