The founder of Jet.com explains Walmart's strategy to beat Amazon (WMT, AMZN)
Walmart has been fighting back against Amazon's assault on traditional retail by beefing up its digital portfolio.
Leading that assault from the frontlines is Marc Lore, head of e-commerce for Walmart and former CEO of Jet.com, under whose leadership the retail giant has snapped up e-commerce startups across footwear and men’s fashion, including Bonobos, Moosejaw, ShoeBuy and ModCloth.
It is no secret that Lore, who worked at Amazon after his company Quidsi was acquired by t
Read more »