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Walmart in talks to buy another online fashion retailer
Walmart reportedly is about to make its fourth e-commerce acquisition in seven months as the chain continues to beef up its online arsenal and fashion offerings against Amazon. The chain is in advanced discussions to acquire Bonobos, an e-commerce-driven apparel company that designs and sells upscale men’s clothing, according to Recode. Founded in 2007, the brand is known for its hip, stylish threads and expert fit. -
Report: Walmart ‘evaluating’ food retail in India
Wal-Mart Stores is still considering a possible entry into the food retail market in India. With new rules allowing for 100% foreign ownership of food retailers selling goods produced in India, Krish Iyer, the president and CEO of Wal-Mart India, a wholly-owned subsidiary of Wal-Mart, said the chain is “evaluating” the guidelines, reported The Economic Times. His answer came in response to a question as to whether Walmart was planning on entering the market.

