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Wal-Mart Eyeballs Men's Clothing Retailer Bonobos

Wal-Mart Stores is negotiating a deal to buy Bonobos, a fashion-forward menswear brand, for about $300 million, sources told The Wall Street Journal. The deal would be the retailer’s latest attempt to attract wealthier shoppers. Other recent acquisitions have included, ModCloth and Moosejaw. The company also wants the talent and product expertise the new employees provide, executives say.

Read the whole story at The Wall Street Journal »

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