World Footwear

Companies

Walmart acquires ShoeBuy

Jan 9, 2017 United States
Walmart acquires ShoeBuy
The amount involved in the deal should reach 70 million US dollars
Just four months after the retail giant deal with e-commerce site Jet.com, Walmart confirmed the acquisition of another online player.

ShoeBuy, founded in 1999 and is headquartered in Boston, is a leading online footwear, clothing and accessories retailer. ShoeBuy carries more than 800 brands and over a million items including footwear for women, men and kids, as well as clothing and accessories, such as outerwear and handbags. The deal to acquire the 16 year old online retailer reached 70 million US dollars.

The website is expected to operate as a standalone but complementary component to Jet.com, and Walmart  ShoeBuy CEO Mike Sorabella, his executive team and ShoeBuy’s 200-plus employees will continue to be based in Boston.

With the new deal, Jet will gain the experience of a well-established ecommerce player in the footwear industry, with a vast experience in the online shopping experience. ShoeBuy brings access to a large assortment of products, strong industry relationships, and rich content that will further enhance our customer experience.

Related Events

  • Apr
    19
    Apr 19-Apr 21, 2026 | Palm Beach, Florida, United States

    Trendz

  • Apr
    28
    Apr 28-Apr 29, 2026 | Nashville, United States

    Magic Nashville

  • Apr
    29
    Apr 29-Apr 30, 2026 | Glendale, Arizona, United States

    NSRA Footwear Forum

  • May
    17
    May 17-May 19, 2026 | Manchester, United States

    NAEC Manchester Signature Show

Related Organizations

  • BSTA - Boston Shoe Travelers Association

    BSTA - Boston Shoe Travelers Association

    United States
  • PLC - Pensole Lewis College of Business & Design

    PLC - Pensole Lewis College of Business & Design

    United States
  • Fashion Design Office

    Fashion Design Office

    United States
  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States