Wal-Mart Stores Inc said it would buy online men’s fashion retailer Bonobos Inc for $310 million in cash, the retailer’s fourth e-commerce acquisition in less than a year.

Bonobos’ clothes and accessories will be offered on Wal-Mart’s Jet.com, the company said in a statement.

Wal-Mart’s shares were down about 6 percent at $74.43 in morning trading on Friday, after online rival Amazon.com Inc said it would buy upmarket grocer Whole Foods Market