Walmart Inc. is launching Gap Home, the casual wear giant's first home collection. Gap Inc. earlier this month sold multi-brand specialty retailer Intermix to private equity firm Altamont Capital Partners. Courtesy of Walmart Inc.“We’re thrilled that Gap selected Walmart as the exclusive retailer to debut its home brand,” said Anthony Soohoo, executive vice president of home at Walmart. “Walmart is a global leader in the home space with extensive digital reach and distribution, and this partnership enables Gap to introduce a new category in a smart, scalable way,” said Mark Breitbard, president and CEO of Gap brand. “Gap Home at Walmart opens a new door for Gap as a lifestyle brand delivering timeless American style in all new ways.

Source: Forbes May 27, 2021 12:12 UTC