Why Walmart's Recent Acquisition Of Art.com Is Puzzling - News Summed Up

Why Walmart's Recent Acquisition Of Art.com Is Puzzling


To me, one of the most puzzling acquisitions is that of Art.com, a purchase that includes all of its assets for an undisclosed amount. Ever since Walmart acquired Jet.com in 2016, the company’s online business has soared. The new acquisition of Art.com will offer customers two million curated images—an array of affordable posters as well as limited editions of prints and art. Walmart indicated that the acquisition was to add to its specialty home experience which has a separate website. While Art.com is a market leader and can add unique offerings, this particular acquisition concerns me for two reasons.


Source: Forbes December 17, 2018 12:10 UTC



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