• Walmart continues M&A spree with acquisition of lingerie retailer Bare Necessities

    2 monthes ago - By Tech Crunch

    Walmart continues to beef up its portfolio of digital brands, announcing on Friday that it had acquired Bare Necessities , an online retailer of lingerie, swimwear, hosiery and other intimates.
    Walmart declined to disclose the terms of the deal.
    The lingerie company, founded in 1998, will operate independently of Walmart. Over time, the e-commerce giant says it will make Bare Necessities' products available on Walmart.com, as well as on Jet.com, which Walmart acquired for more than $3 billion in 2016 to bolster its e-commerce business.
    Walmart has long been one of the most active acquirers...
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  • Walmart acquires online lingerie retailer Bare Necessities

    2 monthes ago - By Reuters

    Walmart Inc has acquired online lingerie retailer Bare Necessities for an undisclosed amount, its second apparel- focused acquisition in less than two weeks as the world's biggest retailer seeks deeper inroads into the online fashion space.
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  • Walmart buys online lingerie retailer Bare Necessities

    2 monthes ago - By Chron

    NEW YORK - Walmart says it's buying online lingerie retailer Bare Necessities, the latest acquisition in its niche-brand buying spree.
    Walmart declined to disclose how much it's paying for Bare Necessities, but says the deal will help deepen its expertise in the world of bras, swimwear and shapewear.
    The company said Friday that Bare Necessities will remain as a stand-alone site. As part of the acquisition, Noah Wrubel, CEO and co-founder of Bare Necessities, will lead the intimates area for both Walmart.com and Jet.com, while also continuing to run Bare Necessities.
    Walmart is aiming to...
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  • Walmart buys lingerie site Bare Necessities in its latest push to expand its online empire

    Walmart buys lingerie site Bare Necessities in its latest push to expand its online empire

    2 monthes ago - By Business Insider

    Walmart has acquired the lingerie ecommerce site Bare Necessities for an undisclosed amount, the company announced Friday.
    The site sells bras, underwear, swimsuits, and sleepwear from more than 160 brands.
    The acquisition follows Walmart 's purchases of Jet , MooseJaw, ModCloth , Shoebuy, Bonobos , and Hayneedle.
    Walmart has acquired the lingerie ecommerce site Bare Necessities, which sells bras, underwear, swimsuits, and sleepwear from more than 160 brands, the company announced Friday.
    Bare Necessities will continue to operate its site separately from Walmart, though some of the site's...
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  • Walmart acquires lingerie retailer Bare Necessities

    2 monthes ago - By Reuters

    Walmart Inc has acquired online lingerie retailer Bare Necessities for an undisclosed amount, the company said on Friday, as it works to boost its competitive standing in U.S. e-commerce and appeal to younger shoppers.
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  • Walmart buys lingerie site Bare Necessities in its latest push to expand its online empire

    Walmart buys lingerie site Bare Necessities in its latest push to expand its online empire

    2 monthes ago - By Business Insider

    Walmart has acquired the lingerie ecommerce site Bare Necessities for an undisclosed amount, the company announced Friday.
    The site sells bras, underwear, swimsuits, and sleepwear from more than 160 brands.
    Walmart has acquired the lingerie ecommerce site Bare Necessities, which carries bras, underwear, swimsuits, and sleepwear from more than 160 brands, the company announced Friday.
    The acquisition is part of a broader strategy to expand Walmart's online assortment.
    After purchasing Jet in 2016 for $3 billion, the retailer went on an acquisition spree, snatching up ecommerce companies...
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