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Walmart Prunes Portfolio in Focus on Growth Markets

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. is selling an 85 percent stake in its supermarket chain Seiyu to American private equity firm KKR & Co. Inc. and Japanese e-commerce platform Rakuten Inc. for $1.65 billion. The deal, once it closes in the first quarter of 2021 after garnering regulatory approvals, will have KKR—which made the purchase through its Asian…

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