Wal‑Mart Stores Inc.’s acquisition spree continues. The retail giant’s subsidiary, online marketplace Jet.com, has reportedly acquired vintage apparel retailer ModCloth Inc. for an undisclosed price and may announce the deal soon. Representatives for Jet, Wal-Mart and ModCloth did not return multiple requests for comment. Matt Nemer, managing director at investment banking firm ComCap LLC, thinks Wal-Mart made […]
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