Walmart Will Sell Newly Acquired Women’s Fashion Company’s Products On Jet.com

Walmart’s pursuit of a strategy to expand its e-commerce presence has led to the acquisition of the assets and operations of an online women’s fashion retailer. The company said that Modcloth, “one of the top online specialty retailers of unique women’s fashion and accessories," has 300 employees in San Francisco, Los Angeles, and Pittsburgh. Walmart will sell Modcloth’s product line on its e-commerce site Jet.com.