Monday, April 17, 2017

Walmart is in advanced talks to acquire online men’s retailer Bonobos

Image result for bonobos storeWalmart’s acquisition streak under new e-commerce chief Marc Lore continues.

The world’s largest brick-and-mortar retailer is in advanced discussions to acquire Bonobos, a 10-year-old men’s fashion retailer based in New York City. Sources say the two sides have agreed on a price — which couldn’t immediately be learned — and that the deal is in its final due diligence stages.. . . more

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