A Wal-Mart bid for Bonobos is all about a new kind of customer

Wal-Mart Stores Inc.’s push to attract wealthier shoppers continues. The retailing giant, No. 4 in the Internet Retailer 2016 Top 500 Guide, is in talks to buy men’s clothing retail startup Bonobos Inc. (No. 245) for about $300 million, a person familiar with the situation tells Bloomberg. A Wal-Mart spokeswoman declined to comment while Bonobos did … Continue reading A Wal-Mart bid for Bonobos is all about a new kind of customer