M&A Deal Summary

Walmart Acquires Shoes.com

On April 20, 2017, Walmart acquired e-commerce company Shoes.com for 9M USD

Acquisition Highlights
  • This is Walmart’s 3rd transaction in the E-Commerce sector.
  • This is Walmart’s 12th largest (disclosed) transaction.
  • This is Walmart’s 7th transaction in the United States.
  • This is Walmart’s 1st transaction in Massachusetts.
Investment Fate
  • Shoes.com was divested to a consortium of buyers in 2020.

M&A Deal Summary

Date 2017-04-20
Target Shoes.com
Sector E-Commerce
Buyer(s) Walmart
Deal Type Special Situations/Distressed
Deal Value 9M USD

Target

Shoes.com

Boston, Massachusetts, United States
Shoes.com is an online retailer of men's, women's, and children's shoes.

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Buyer(S) 1

Buyer

Walmart

Bentonville, Arkansas, United States

Category Company
Founded 1945
Sector Retail
Employees2,100,000
Revenue 681.0B USD (2025)
DESCRIPTION
Entrance to Walmart's corporate campus in Bentonville, Arkansas.
Entrance to Walmart's corporate campus in Bentonville, Arkansas.

Walmart is a discount retailer with operations across the globe. Walmart was formed in 1945 and is based in Bentonville, Arkansas.


DEAL STATS #
Overall 12 of 23
Sector: E-Commerce M&A 3 of 5
Type: Special Situations/Distressed M&A Deals 2 of 2
State: Massachusetts M&A 1 of 2
Country: United States M&A 7 of 16
Year: 2017 M&A 3 of 5
Size (of disclosed) 12 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-17 ModCloth

San Francisco, California, United States

ModCloth, Inc. is an online specialty retailer that offers unique designs and exclusive fashion, along with shoes, handbags, and accessories, for 18-35-year-old women. ModCloth was formed in 2002 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-16 Bonobos

New York, New York, United States

Bonobos is a clothing brand focused on delivering great fit, excellent customer experience, and a fun approach to menswear. Launched online in 2007 with its signature line of better-fitting men's pants, Bonobos is one of the leading apparel brands ever built on the web in the United States. In 2011 Bonobos extended offline, launching Bonobos Guideshops, e-commerce stores that deliver personalized, one-to-one service to those wanting to experience the brand in person. Bonobos was formed in 2007 and is based in New York City.

Buy $310M