Wal-Mart expands online reach with ShoeBuy acquisition

BENTONVILLE, Ark. (AP) — The online retailer Jet.com, now owned by Wal-Mart, says it’s acquired the footwear-shopping website ShoeBuy for about $70 million.

The deal, announced Thursday, closed Dec. 30.

Based in Boston, ShoeBuy offers more than 800 brands of shoes, clothing and accessories. Arkansas-based Wal-Mart Stores Inc. says ShoeBuy will continue to operate as a stand-alone website, and ShoeBuy’s current executives and employees will still be based in Boston.

The company says ShoeBuy suppliers will have the option to sell on Jet.com, too. The move is Wal-Mart’s latest push to expand its reach online following last year’s acquisition of Jet.com, which it bought for $3 billion plus $300 million in stock.

More

Tue, 04/25/2017 - 20:28

School board in Arkansas opts to open meetings with prayer

HARRISON, Ark. (AP) — One of two northern Arkansas school boards has opted to pray before meetings after receiving a letter of complaint from a foundation that monitors matters regarding church and state.

Read more
Tue, 04/25/2017 - 19:18

McCollum’s Column: Another nice evening at Dickey-Stephens

Serving a baseball batch of “David Appetizers,” assorted musings while watching the University of Central Arkansas play Little Rock University on a gorgeous sunny evening at Dickey-Stephens Park in North Little Rock.

Read more