By  on January 2, 2018

Wal-Mart Stores Inc. picked itself off the mat in 2017 and, for the first time, really squared off with Amazon.com Inc. And the retail giant represented the brick-and-mortar crowd well, landing some punches and prompting Amazon to punch back.

Wal-Mart put its $3.3 billion Jet.com acquisition from the prior year into action; went on a buying spree, culminating with the $310 million deal to buy Bonobos, and strove to better serve its customers online and in stores. For its part, Amazon continued to dominate or match online and got into the brick-and-mortar game in a big way itself, buying Whole Foods for $13.7 billion. Both have been working to up their apparel game, at least online – Amazon through private label and other initiatives and Wal-Mart though acquisitions and a deal with Lord & Taylor.

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