Walmart Shuts Down Jet.com – Was it Worth $3.3 Billion? (Updated)
As part of its first-quarter earnings report for 2021, Walmart announced it is shutting down Jet.com, the online marketplace it purchased in 2016 for $3.3…
Walmart to Build Online Mall with Lord & Taylor?
The Wall Street Journal is reporting today that Walmart and Lord & Taylor are in final discussions to sell Lord & Taylor goods on Walmart.com,…
Walmart to Buy Fashion Ecommerce Retailer ModCloth
ModCloth, founded in 2002 by Susan and Eric Koger and had raised short of $80M in funding through the years, is being purchased by Walmart subsidiary Jet.com.