Amid rapid progress in its omnichannel transformation, Walmart plans to fold Jet.com into its core e-commerce operations and reposition the business. Jet co-founder Marc Lore, president and CEO of ...

Four years after purchasing Jet.com for more than $3 billion, Walmart Inc. has made the decision to shutter the e-commerce business. The big-box chain quietly announced in its first-quarter report ...

NEW YORK (AP) — Walmart has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon.

Last year, Walmart acquired menswear site Bonobos for $310 million in cash. Now the retailer is adding the brand to a Walmart-owned website. A few days ago, Walmart opened an online shop for Bonobos ...

Three years after it was founded and two years after Walmart bought it for $3.3 billion, Jet.com is getting a major facelift. It plans to focus squarely on markets that Walmart hasn't been able to ...

Nearly four years after it acquired the company for $3 billion, Walmart is shutting down Jet.com. The retailer quietly announced the move, which was spotted by TechCrunch, in its first-quarter 2020 ...

Walmart said on Tuesday it will discontinue Jet.com after acquiring the internet retailer for $3 billion in 2016. WHO IS WALMART CEO DOUG MCMILLON? Walmart cited the "continued strength of the Walmart ...

Walmart has acquired Vizio for $2.3 billion. The attraction to Vizio was based on its advertising software. WalMart acquired Jet.com in 2016 and shut it down just a few years after buying it. Back ...