by - October 8, 2019 7:50 am
Walmart-owned Bonobos trims workforce
Walmart continues to look for ways to stem losses in its U.S. e-commerce division led by CEO Marc Lore. Bonobos, the upscale menswear brand acquired by Walmart in 2017, confirmed…
Tag: Bonobos
by - June 16, 2017 9:30 am
Amazon buys Whole Foods in ‘game changer’ deal, Wal-Mart acquires another specialty retailer
Two U.S. retail titans on Friday (June 16) made big moves into each others business, with Wal-Mart Stores buying exclusive apparel seller Bonobos for $310 million and Amazon entering the…
by - May 3, 2017 5:32 pm
Experts say Bonobos makes long-term sense for Wal-Mart
Bonobos loyalists aren’t happy with the idea, but retail consultants say the latest acquisition target of Wal-Mart Stores fits well with the retail behemoth’s push to broaden its online presence….