Report: Modcloth has been acquired by a division of Walmart
March 15, 2017 2:48 PM
Courtesy of ModCloth
Holiday party dresses from ModCloth.com.
The ModCloth pop-up fit shop in Denver, one of five stops on the ModCloth IRL Tour. From Sept. 17-27, ModCloth will set up a temporary storefront at 625 Smithfield St., Downtown.
Modcloth, an online clothing retailer with roots in Pittsburgh, has been acquired by e-commerce company Jet.com, according to a report by the women’s news blog Jezebel.
Jet.com is owned by Walmart, the largest retailer in the country.
Modcloth was launched in 2002 by two alumni of Carnegie Mellon University, Susan Gregg Koger and Eric Koger.
The company, an indie-darling known for vintage and quirky styles, eventually moved its corporate base to San Francisco. It has 350 employees across offices in San Francisco, Los Angeles, and Pittsburgh.
Messages to ModCloth and Walmart were not immediately returned.
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