By  on December 13, 2019

Bonobos founder Andy Dunn’s LinkedIn post on Thursday, “A Love Letter to Walmart,” in which he revealed that he will remain in the employ of the world’s largest retailer only until early 2020, said volumes about how Walmart envisions its future.

Walmart Inc. in 2017 purchased for $3.3 billion Jet.com, and subsequently made a string of digital native brand acquisitions, including Bonobos. The prospects of the start-up brands such as Modcloth, Moosejaw and Eloquii in the fall were called into question by industry observers following reports that Walmart U.S. e-commerce was on track to lose $1 billion.

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