Walmart launches online Fanatics sports fan shop

Walmart Inc. has launched the Fan Shop by Fanatics for sports merchandise on the retail giant's website. Hundreds of thousands of items from across the NFL, NBA, MLB and more will be available. Fanatics has the exclusive licensing rights for merchandise from a number of professional sports leagues. Walmart shares have slumped 10.2% over the last year while the Dow Jones Industrial Average is down 5.7% for the period.

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