Friday, October 20, 2017

Walmart eyeing department store chain to ‘anchor’ potential online mall

A potential partnership could give Walmart another way to compete with its rival Amazon.

The discount giant is nearing a deal with Lord & Taylor that would give the department store dedicated space on Walmart’s website. Besides encouraging other brands to follow suit and also come aboard, this move could also be a stepping stone for the discounter to establish Walmart.com as an online mall, according to Fortune.. . . more

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