The global retailing industry saw a record growth in revenue in 2017 with the top 250 companies increasing their revenue by over 83 percent, according to a latest report by a professional services multinational that said Reliance Retail was...
Walmart, on behalf of Jet.com, has acquired online retailer ModCloth, best known for its vintage-inspired clothing. Walmart had acquired Jet.com
The 15-year-old brand is known for its quirky, indie-inflected collection of clothes.
ModCloth was founded by high school sweethearts Susan Gregg...
Walmart Stores Inc. has claimed that it’s online growth and e-tail market share has been more than Amazon’s this quarter. The company’s fourth quarter results show a 29 per cent rise in e-commerce sales as compared to 22 per...
Walmart is buying Moosejaw, a company that specializes in outdoor recreation apparel and gear, in a bid to strengthen the global retail stalwart's online offerings for US $51 million in cash.
Walmart said it will continue to operate the website...