Walmart to Buy Men’s Clothing Brand Bonobos

  Expanding its online presence, Wal-Mart Stores Inc. ( WMT ) announced on June 16 it is buying Bonobos Inc. for $310 million. Bononos, a men’s clothing brand, launched online in 2007 and quickly expanded offline to open Bonobos Guideshop stores and gained a partnership with Nordstrom Inc. ( JWN ). The deal adds toRead More