ModCloth
Walmart Buys Plus-Size Retailer Eloquii
Walmart Inc. of Bentonville announces its latest e-commerce acquisition: Eloquii, a fashion brand focused on plus-size women's apparel. read more >
by Lance Turner -
Walmart Raises Outlook As Sales Spike in Stores, Online
Walmart is raising its outlook for the year after beating all expectations for the second quarter and registering the strongest same-store sales growth in a decade. Sales at existing stores jumped 4.5 percent and e-commerce sales grew 40 percent. read more >
by Associated Press -
Never Count Walmart Out (Editorial)
Although Amazon’s online sales still dwarf Walmart’s — Amazon accounted for about 44 percent of all U.S. e-commerce sales last year — Walmart has made it clear that it won’t go gentle into that good night. read more >
Wal-Mart Adds to Portfolio, Buys Bonobos for $310M
Wal-Mart Stores Inc. of Bentonville announces that it will buy online apparel retailer Bonobos Inc. for $310 million in cash. read more >
by Lance Turner -
Wal-Mart Seeks Online Fashion Presence Through Acquisitions
Wal-Mart's bid for Bonobos is the latest step in the company's attempt to recover lost ground against Amazon and others in the growing online fashion world, analysts say. read more >
by -
Wal-Mart Launches Incubator Lab to House Startups
Wal-Mart is launching an incubator lab focused on projects in robotics, virtual and augmented reality, and artificial intelligence as it aims to compete more aggressively with Amazon. read more >
by -
Wal-Mart Buys Online Clothing Seller ModCloth
Wal-Mart has bought trendy clothing seller ModCloth, part of a big push to pick up smaller online brands as it tries to make headway against Amazon. read more >
by Associated Press -