NEW YORK — Wal-Mart Stores Inc. is on the defensive once again — and now it wants to play a little offense.
A renewed commitment to apparel, a national ad campaign underscoring its low-price promise, new store formats and a push into urban markets are among the retail giant’s latest strategies. And most of them are fraught with pitfalls in one way or another.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"