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Walmart fashions new apparel brands to counter Amazon’s growth

(Bloomberg)—Walmart Inc. is introducing low-cost clothing brands for women, kids and plus-size customers, aiming to lure shoppers as Amazon.com Inc. gobbles up more apparel sales. Apparel accounted for 11% of Walmart’s U.S. sales a decade ago, but the company dialed back its ambitions in 2011 after attempts to appeal to more fashion-forward shoppers—including ads in […]

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