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E-commerce

Walmart Acquires Art.com

Walmart announced on Thursday that it is acquiring Art.com, which sells prints, posters and other home decor. This is part of the retail giant’s strategy to acquire or build digital brands in every major shopping category.

We recently outlined how Walmart plans to go about that strategy to attract more online shoppers. The company did not disclose the terms of the deal and said it will operate Art.com as a standalone site and later incorporate its offerings into Walmart.com.

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