BENTONVILLE, Ark. ― Wal-Mart Stores announced this week that it has closed its acquisition of e-retailer Jet.com. The retail giant agreed last month to pay some $3 billion, the largest sum ever for an internet startup. In a blog post, Wal-Mart CEO Doug McMillon said the addition of Jet would enhance his company’s online channel, and pointed to the two companies’ shared commitment to customer savings.
Wal-Mart finalizes Jet acquisition
Most Recent
Most Read
Quebec BMR changes hands
Tue, April 01st, 2025
Latest power tool innovation promises to transform the industry
Tue, April 01st, 2025
Home Hardware strengthens its Blue Jays sponsorship
Tue, April 01st, 2025
PRO Dealer Business looks at tariffs, robotics
Tue, April 01st, 2025
Court rejects deal between HBC, lenders
Mon, March 31st, 2025
Featured Classified: Regal ideas
Mon, March 31st, 2025
Canadian Tire makes executive appointment
Fri, March 28th, 2025
RONA dealer buys two corporate stores
Fri, March 28th, 2025
Castle names business development manager
Fri, March 28th, 2025
Princess Auto to open Burlington, Ontario, store this summer
Fri, March 28th, 2025
