Friday, 24 March, 2023

Walmart Sells E-Commerce Outdoor Retailer Moosejaw to Private Equity Firm

<p>Walmart has sold e-commerce outdoor retailer Moosejaw to a private equity firm, Signal Peak Ventures, for an undisclosed amount. Walmart had acquired Moosejaw in 2017 for $51 million. Moosejaw is expected to operate as an independent entity and continue its focus on outdoor gear and apparel. This sale is part of Walmart&#39;s ongoing effort to streamline its e-commerce operations and focus on its core businesses.</p>