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The people you mention really dislike Walmart. Still a smart move as it lets Walmart snag some mid-america market share from Gap/Banana Republic/Old Navy (the
by rch 9y ago
The people you mention really dislike Walmart.
Still a smart move as it lets Walmart snag some mid-america market share from Gap/Banana Republic/Old Navy (the last makes most of the money anyway).
- ajmurmann 9y agoYes, as someone who almost exclusively wears Bonobos and is a relatively young professional I'm super worried about this. I've been to Walmart probably not more often than the times. I can only assume and hope that Walmart did this to get access to people like me and not to transform Bonobos to cater to people who wear three wolf shirts.
- deleted 9y ago[deleted]
- __derek__ 9y agoI wouldn't be very optimistic: > “Assortment is driving a lot of these acquisitions,” Wal-Mart Chief Executive Doug McMillon told investors last month before the ModCloth acquisition became public. “There are some suppliers that don’t want to sell on Wal-Mart.” To me, that sounds like a plan to make Bonobos (or Moosejaw) a Wal-Mart company rather than to apply Wal-Mart's expertise to the acquired company. [1]: https://www.wsj.com/articles/wal-mart-in-talks-with-bonobos-1492534209 https://www.wsj.com/articles/wal-mart-in-talks-with-bonobos-...