Post Profile

Walmart just sent a clear message about the future of Jet

When Walmart acquired Bonobos and Modcloth, confusion reigned over how these trendy, upscale brands meshed with America's no-frills most affordable retailer. Now, it's increasingly clear that these investments were geared toward its Amazon competitor — Jet. You'll likely never see a Bonobos or Modcloth product in a Walmart store or on Bonobos and Modcloth will, however soon be offered on Walmart-owned Jet, according to a conference call with journalists to discuss second quarter earnings.
read more


Related Posts

Walmart is acquiring Bonobos for $310 million (WMT)

Business & Finance : Business Insider: Money Game

Walmart is acquiring Bonobos, a high-end men's retailer, for $310 million, The New York Times reported Friday morning. Bonobos generates between $100 million to $150 million in annual revenue and attracts young, urban customers with...

Walmart subsidiary to buy ModCloth for less than $75m

Technology / Technology Industry News : TechCrunch: Funding and Exits

Online fashion retailer ModCloth, known for its vintage-inspired and indie apparel, is on the verge of being acquired by Walmart, by way of its subsidiary, The deal, which had already been rumored, is almost finalized and w...

This Is ModCloth’s Plan To Win Over Customers After The Walmart Acquisition

Business & Finance : Fast Company

After 15 years in business, indie retailer ModCloth faces its biggest challenge yet. It’s been four months since hipster women’s retailer ModCloth was acquired by Walmart for less than $75 million. Read Full Story bought ModCloth, which makes a strange kind of sense

Business & Finance : Mashable: Business

Amazon has its private labels, and Walmart has, which now has ModCloth.  The e-commerce subsidiary of Walmart on Friday closed a deal to buy ModCloth, the popular online retailer. The companies declined to confirm the price ...

Walmart Expands E-Commerce Ambitions With a New Investment Arm

Business & Finance : DealBook

After acquiring Jet and ModCloth, Walmart, long dominant in physical retailing, is forming an incubator designed to hatch new online retail businesses.


Copyright © 2016 Regator, LLC