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I wouldn't be very optimistic: > “Assortment is driving a lot of these acquisitions,” Wal-Mart Chief Executive Doug McMillon told investors last month before t
by __derek__ 9y ago
I 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-...