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Shoes.com

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Shoes.com
FormerlyShoebuy.com (2000-2017)
Company typeSubsidiary
IndustryE-commerce
Founded1999
HeadquartersBoston, Massachusetts
ProductsFootwear (shoes, boots, slippers, sandals)
OwnerIAC (2006-2016)
Walmart (2016-present)
Number of employees
200+ (2017)
ParentJet.com (2016-present)
Websiteshoes.com

Shoes.com (previously known as Shoebuy.com) is an American footwear retailer owned by Walmart. The website was established in Boston during 1999. In 2006, the company was acquired by IAC. In December 2016, Jet.com (a subsidiary of Walmart) completed the acquisition of ShoeBuy from IAC.[1] It was reported that Walmart paid US$70 million for the company.[2] As of 2017, Shoes.com contains over one million products, many which can also be purchased on Jet.com.[3] ShoeBuy was re-branded as Shoes.com shortly after the acquisition closed.[4]

References

  1. ^ Levy, Nat (6 January 2017). "Walmart buys Zappos competitor ShoeBuy for $70M to help Jet.com battle Amazon in online apparel". GeekWire. Retrieved 9 January 2017.
  2. ^ Solsman, Joan E. (5 January 2017). "Walmart's Jet buys ShoeBuy in push versus Amazon's Zappos". CNET. CBS Interactive. Retrieved 27 December 2017.
  3. ^ Del Rey, Jason (5 January 2017). "Walmart has acquired a Zappos competitor to boost Jet.com's shoe business". Recode. Retrieved 21 December 2017.
  4. ^ Carlock, Catherine (23 May 2017). "Shoes.com planning to double HQ size, hire 90 with move to Charlestown". Boston Business Journal. Retrieved 21 December 2017.