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June 16, 2017 01:34 pm GMT
Walmart today doubled down on its efforts to continue building out a online retail fashion business in its bid to outpace Amazon in the wider world of commerce and specifically e-commerce. Today it announced that it would acquire menswear site Bonobos for $310 million in cash. The deal is part of a bigger strategy at Walmart, the world’s largest physical retailer, to grow its… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/gpGCBRlhZqc/
Walmart to buy Bonobos for $310M as it doubles down on fashion
Walmart today doubled down on its efforts to continue building out a online retail fashion business in its bid to outpace Amazon in the wider world of commerce and specifically e-commerce. Today it announced that it would acquire menswear site Bonobos for $310 million in cash. The deal is part of a bigger strategy at Walmart, the world’s largest physical retailer, to grow its… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/gpGCBRlhZqc/
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