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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Walmart Inc | NYSE:WMT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.05 | -0.08% | 60.16 | 60.39 | 60.00 | 60.15 | 11,045,152 | 00:10:16 |
From Apr 2019 to Apr 2024
By Stephen Nakrosis
Go Global Retail said Friday it will acquire the assets of ModCloth from Walmart, Inc. (WMT).
ModCloth is an online retailer of women's fashion and accessories, Go Global said.
Walmart acquired ModCloth's assets and operations in company in 2017.
Go Global said ModCloth will continue to utilize its current operational set-up and will receive investment in its digital capabilities.
"We believe that together with current management, ModCloth has the ability to become a stronger player in the premium fashion market, nationally as well as internationally," stated Go Global's Jeff Streader.
Financial terms of the deal weren't disclosed.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 04, 2019 15:38 ET (19:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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