![]() She declined to provide financial terms of the deal, but said it's similar to arrangements with third-party vendors on Walmart Marketplace. "We are absolutely seeing this as an opportunity to support a bigger portion of our customers' closets." ![]() "Everything that we do has been focused on making Walmart a destination for fashion," she said. ![]() With the pandemic though, she said buying fashionable, yet budget-conscious items may have even more relevance. It has acquired plus-sized women's apparel company Eloquii and menswear company Bonobos, developed exclusive apparel lines with Ellen DeGeneres and Sofía Vergara and revived Scoop, a trendy brand that used to have stores in New York City.ĭenise Incandela, head of fashion for Walmart's e-commerce business in the U.S., said the retailer has been talking to ThredUp for about a year. Walmart dominates the grocery business, but still lags in fashion despite its efforts. Others like Nordstrom have said they'll permanently close some of their stores. Penney, have filed for bankruptcy protection. Major names, including J.Crew, Neiman Marcus and J.C. Stores have been shuttered for months, and some are now reopening with only curbside pickup or limited foot traffic. The coronavirus pandemic has exacerbated challenges for clothing retailers. Walmart is expanding its online fashion assortment at a time when it could grab more market share in apparel and accessories. ![]() Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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