Marc Lore speaks: Why Jet.com sold to Wal-Mart

To the retail community the $3 billion acquisition of Jet.com by Wal-Mart Stores Inc. has felt like an odd coupling. But Marc Lore, the co-founder of Jet and now the president and CEO of Wal-Mart’s entire e-commerce business, explained his reasoning behind agreeing to the sale. “By selling you don’t have to worry about raising … Continue reading Marc Lore speaks: Why Jet.com sold to Wal-Mart