Walmart has announced they will discontinue Jet black, their experimental $50 per month subscription personal shopping service. Alex discusses Jet black’s value proposition, some history on the company’s founder, Jenny Fleiss, and why he thinks Walmart decided to shutter the service.
Walmart to phase out Jetblack online shopping service: www.supermarketnews.com/online-retail/walmart-phase-out-jetblack-online-shopping-service
Walmart is reportedly looking to sell its exclusive personal-shopping service that’s said to be losing $15,000 per member each year: www.businessinsider.com/walmart-wants-to-sell-jetblack-personal-shopping-service-report-2019-10
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