Yesterday, Rent the Runway cofounder Jenny Fleiss’s new startup Jetblack, went officially live after spending more than a year in beta. At Inc magazine’s 2017 Women’s Summit, Fleiss touched a bit on being a part of Walmart’s Store No. 8 incubator, but couldn’t go into great detail because they were still in stealth mode and undergoing beta testing.
Jetblack is a members-only personal shopping and concierge service that combines the convenience of e-commerce with the customized attention of a personal assistant.
Fleiss recently spoke with Entrepreneur.com’s Lydia Belanger about Walmart’s incubator: “’Every company in the incubator focuses on a different trend in retail and how that will change consumers’ lives in the next five years and beyond,’ she says, noting that Jetblack is among five companies within Store No. 8.”
Created last year, Store No. 8 aims to incubate companies that have the potential to transform the future of retail. The companies operate as standalone startups with the goal of creating strategic assets for Walmart in the long-term.