Monday, August 8, 2016

Wal-Mart buying online retailer newcomer Jet.com

Image result for walmartWal-Mart has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon.

The deal announced Monday underscores how serious Wal-Mart is about igniting its online business, which has been slowing even as it has been making big investments in new distribution centers and expanding services.. . . more

No comments: