Money makes the world go ’round?
[…]we are thrilled to announce today that Jenny Fleiss will join us as Co-founder and CEO of our first portfolio company. This new company will develop highly-personalized, one-to-one shopping experiences.
Jenny is a trailblazer in her field and has spent her career advancing ideas that have shaped retail as we know it today. As Co-founder of Rent the Runway, she saw the expansion of the company into a globally recognizable brand and pioneered a new retail model. Under Jenny’s leadership, this new company will be a jumping off point for Store No 8’s mission to shape the future of commerce.
Walmart’s new tech incubator “Store No. 8” launched at this year’s Shoptalk conference.
Store No. 8 is the third pillar in Walmart’s new online approach next to Jet.com and the holding of online companies that gets created right now through acquisitions.