Wal-Mart does the internet.

Wal-Mart does the internet. Now that Marc Lore of Quidsi (diapers.com + soap.com) and Jet.com fame is in charge of e-commerce at Wal-Mart, they’ve started a shopping spree with the acquisitions of ModCloth and Moosejaw. These are culturally pretty far from Wal-Mart’s core discount stores, but maybe (just maybe) with Lore in charge they can nurture the brands without smothering them. | learn more