Walmart is getting into aspirational retail — and it says a lot about the American economy. In recent months, Walmart has purchased several trendy, online retailers, including the hip fashion brand ModCloth, outdoor gear retailer Moosejaw, and shoe store ShoeBuy. ModCloth's dresses can cost between $60 and $150, whereas Walmart's dresses are usually priced between $10 and $25.
What makes a car a classic? A unique cultural formula of factors, according to vehicle valuation specialists at market research group Black Book — and if they all come together the right way, you could be making big bucks selling vehicles that were once commonplace. There’s just one catch. Well, two. It would be better if you bought it in, say, 1971. And it really helps if the car in question is still in mint condition. Some cars once sold for the manufacturer’s relatively affordable suggested retail prices have years later been marked up thousands, sometimes tens of thousands of percent. The 1971 Plymouth Barracuda, for example, was once purchased for an asking price of $4,296 and is now worth
Change is hard, but when it comes in the form of a new parent company taking control of a beloved brand, it can be downright ugly — especially where devout customers are involved. Case in point: online discount site Jet.com, through its parent company Wal-Mart WMT, -0.36% recently bought ModCloth, the online women’s clothing and accessories retailer with a vintage flair. ModCloth’s customers are not happy, and took to Twitter to share their dismay after the acquisition, saying they’ll no longer shop there and going so far as to share retail alternatives. For some customers, it might seem an odd match. Wal-Mart ranks among the lowest of department and discount stores in terms of customer satisfaction,