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Article Date: August 2020
Word Count: 94

Walmart Sells Shoes.com


WMT is divesting its footwear e-commerce site Shoes.com to private-equity firm CriticalPoint Capital, Bloomberg reported. Terms of the deal were not disclosed. The world’s largest retailer appears to be refocusing its e-commerce strategy on its own website, having shut down Jet.com this spring. Jet.com was an expensive ... Log in to view full article.

 

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