Retail News

Walmart close to making deal for Bonobos

Recode 04/14/2017

A Walmart acquisition of Bonobos could top the prices the world’s largest retailer paid to acquire ModCloth, Moosejaw or ShoeBuy.com. A deal, which is reportedly close to being signed, would likely mean Walmart would pay one to two times the annual revenue of Bonobos, which is estimated at between $100 million and $150 million.

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