Walmart’s Jet.com division on Monday named Tesco veteran Simon Belsham as its new President, reporting to CEO Marc Lore.
“With Jet grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique...
Walmart announced that it has entered an agreement to acquire Bonobos, one of the leading apparel brands built on the Internet, for US $310 million in cash. Following the closing, Founder and CEO of Bonobos, Andy Dunn, will report...