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Walmart Completes Sale of Shoes.com

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Walmart Inc. completed its sale of Shoes.com to affiliates of private equity firm CriticalPoint Capital. Terms of the transaction were not disclosed. Walmart acquired Shoes.com in 2017 for $9 million. In the past six weeks, the discounter has also sold its Bare Necessities intimates business, as well as its majority stake in Asda. Shoe.com was…

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