news 3 weeks ago

Walmart Says It's Launching A New Clothing Line

Walmart announced... it's launching its own clothing line.It will be called Free Assembly.The collection will start out with 55 pieces ranging in price from $9 to $45.It'll be in some Walmart stores and online.Walmart's biggest business these days is groceries.But industry analysts say the profit margins are better in clothes, and launching a new private label brand helps margins even more.