Retail

Walmart giving 740,000 associates free smartphones

The offer comes as the retailer is launching Me@Walmart — a new app built by Walmart Global Tech in order to help employees simplify daily tasks, better serve customers and plan for life outside of work.

Etsy buys Depop for $1.6B

Etsy Inc. said on Wednesday it would buy Generation-Z focused fashion resale company Depop for $1.63 billion, seeking to attract younger shoppers and bolster its position in a booming market in vintage or used clothing.