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Walmart Completes Sale of Shoes.com

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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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