• Walmart buys Art.com to take on Amazon in home decor

    9 days ago - By Engadget

    Walmart announced that it is planning to acquire Art.com, a major online retailer of art and wall decor. The art seller will continue to operate as a standalone online storefront, but some of the platform's more than two million products will be avai...
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  • Walmart adds Art.com to its list of acquisitions to take on Amazon

    Walmart adds Art.com to its list of acquisitions to take on Amazon

    10 days ago - By The Verge

    Yesterday, Walmart announced its plans to buy Art.com, a specialty e-retailer of art, posters, and wall decor. Art.com will continue to operate as a standalone site, and its products will be available on other recently acquired Walmart sites like Jet.com and Hayneedle.com. The deal is expected to close early next year.
    The site, which offers affordable prints and art pieces, caters to millennials and people looking to decorate their first apartments. It's been around since 1998, and many people have come across it at some point while trying to decorate their college dorm. It's a little...
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  • Walmart acquires art and wall décor retailer Art.com

    10 days ago - By TechCrunch

    Walmart's acquisition spree continues. Only a couple of months after picking up apparel and lingerie brands, ELOQUII and Bare Necessities , respectively, the company on Thursday announced its plans to acquire the assets from online art and wall décor retailer, Art.com. The deal is expected to close in early 2019, and includes Art.com's catalog, IP, trade name, and U.S. operations.
    Walmart did not disclose the amount of the deal, but it's said to be in line with Walmart's other recent deals in terms of size. Art.com had been doing more than $300 million in annual sales, according to CNBC...
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