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Walmart Has Big Plans for Its Fashion Business

Walmart
Photo Credit: Paul L Dineen via Flickr cc

While arch-rival Amazon has been working to make a name for itself in fashion, Walmart has used its vast resources to scale its fashion business very quickly. It now sells about 600 fashion brands. But according to Walter Loeb, there is more Walmart can do to wrest market share away from Amazon.

Amazon’s entry into the fashion business is a threat that Walmart must meet head-on. Amazon has been busy using famous designers to collaborate on development of its e-commerce site. However, Walmart has not been sitting idle…

Read the full story at Forbes.