Confirmed: Walmart has acquired womenswear site ModCloth

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 Some more consolidation in the world of online fashion and e-commerce. Today Walmart announced that it has acquired ModCloth, a womenswear retailer that focuses on a younger, progressive demographic and a healthier range of sizes beyond the too-often-emphasized tall, rail-thin look. Today’s news confirms reports on the acquisition from us and others earlier this week. [Earlier… Read More