4 ms·
This is going to be a disaster. They are anti-Walmart. Walmart needs to stay true to its vision of low price, high quality. Bonobos is high price, high end.
by theprop 9y ago
This is going to be a disaster. They are anti-Walmart. Walmart needs to stay true to its vision of low price, high quality. Bonobos is high price, high end. "But for now, there are no plans to offer Bonobos’s $98 chinos or $128 dress shirts in Walmart’s 5,000-plus stores. Instead, Walmart is hoping to learn from Bonobos." Anytime you spend $310 million "hoping to learn"...you have no idea what your plan is and that means you fail when you're in e-commerce and aren't focused.
- aisofteng 9y agoThat's a pretty bold claim. It sounds like speculation to me, though. Do you have anything to back it up with?
- theprop 9y agoIt's very hard to make m&a work at high valuations. Very few companies have done m&a well -- maybe just facebook & google & apple to a lesser extent. It's very hard to make e-commerce work. E-commerce is checkered with failure. Not sure why they'd acquire a hybrid high-end retailer along with a bunch of other strange e-commerce firms. They seem to be focused on apparel -- may be some plan for apparel?!