Why Jet.com purchase could boost Wal-Mart's online business
Wal-Mart Stores' online business in the US has been growing but industry watchers believe the retail giant's expansion has been slower than the channel overall. The company has snapped up fledgling, pure-play business Jet.com, which recently added the delivery of fresh food delivery to its wider FMCG offer. Profitero's Keith Anderson looks at what the deal could mean for both businesses and for manufacturer suppliers.
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