Home » General World News » Walmart just struck another deal that confirms the death of America’s middle class as we know it (WMT)

Walmart just struck another deal that confirms the death of America’s middle class as we know it (WMT)





FILE PHOTO: A girl looks at pajamas while shopping at a Walmart store in Secaucus, New Jersey, U.S., November 11, 2015.  REUTERS/Lucas Jackson/File Photo

  • Walmart is adding Lord & Taylor and its many designer brands to its website.
  • The company says it wants to make Walmart.com a “premium fashion destination.”
  • It’s the latest in a series of moves by Walmart designed to attract high-income shoppers.

Walmart is adding Lord & Taylor and its many designer fashion brands to its website, the companies announced Monday.

The deal is the latest in a series of moves by Walmart designed to target wealthy shoppers, which the retail giant has historically ignored in favor of customers at the opposite end of the income spectrum.

“We see customers on our site searching read more >>>

Source:: BusinessInsider.Com

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