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Walmart Shuts Down Jet.com – Was it Worth $3.3 Billion? (Updated)
Marketplaces

Walmart Shuts Down Jet.com – Was it Worth $3.3 Billion? (Updated)

ByRichard Meldner May 20, 2020May 20, 2020

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?
eCommerce | Marketplaces

Walmart to Build Online Mall with Lord & Taylor?

ByRichard Meldner October 19, 2017April 4, 2018

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 Buys eCommerce Retailer Bonobos – No One Noticed!
eCommerce | Marketplaces

Walmart Buys eCommerce Retailer Bonobos – No One Noticed!

ByRichard Meldner June 19, 2017April 4, 2018

On Friday, Walmart announced they agreed to purchase menswear eCommerce site Bonobos for $310 million in cash. After Jet.com, this is Walmart’s largest purchase of…

Walmart to Buy Fashion Ecommerce Retailer ModCloth
Marketplaces

Walmart to Buy Fashion Ecommerce Retailer ModCloth

ByRichard Meldner March 16, 2017May 19, 2020

ModCloth, founded in 2002 by Susan and Eric Koger and had raised short of $80 million in funding through the years, is being purchased by…

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