OpenStore is scaling back its e-commerce aggregation efforts, closing nearly all of its 40+ Shopify stores and rebranding under its Jack Archer menswear label (Annie Palmer/CNBC)

Annie Palmer / CNBC:
OpenStore is scaling back its e-commerce aggregation efforts, closing nearly all of its 40+ Shopify stores and rebranding under its Jack Archer menswear label  —  When venture capitalist Keith Rabois got into e-commerce, he couldn't stop buying brands.  Now, everything must go.