DSW Abandons E-commerce Start-Up Ebuys

Mony
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Shoe retailer DSW Inc. said Tuesday it is shuttering Ebuys business, calling it quits on an e-commerce company it bought for $62.5 million just two years ago.

DSW bought the parent of retail sites ShoeMetro and ApparelSave in March 2016 in a bid to expand its online presence and grow sales, but the e-commerce startup proved to be more a burden.

DSW…

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