8. Walmart-owned men's e-tailer Bonobos is making a round of several dozen layoffs. Vox reported that a Walmart spokesperson did not state whether the layoffs were corporate or at retail locations in the field. Walmart bought Bonobos for $310 million two years ago. Walmart also sold women's e-tailer ModCloth for an undisclosed amount rumored to be less than half of what it bought it for two years ago after failing with that company too. - WSJ
Hit reply and tell me when a large retailer has bought a smaller brand and it's actually worked out in the long run for both brands!