Walmart to acquire the assets of Art.com, an online seller of art and wall decor which, a source says, was recently bringing in $300M in sales annually (Lauren Thomas/CNBC)

Lauren Thomas / CNBC:
Walmart to acquire the assets of Art.com, an online seller of art and wall decor which, a source says, was recently bringing in $300M in sales annually  —  - Marc Lore, head of Walmart's U.S. e-commerce business, has said the company could one day own upwards of 40 digitally native brands.



from Techmeme http://www.techmeme.com/181207/p12#a181207p12