Prepared for Nathan | Delivered February 5, 2020
Review your project details
To prepare for an interview by obtaining information about
, including an overview of the company, its competitive landscape, customer feedback or perception, and brand positioning.
Store No. 8
, Walmart's incubation arm, "Jetblack is a
, startup company" that offers "a members-only personal shopping and concierge service that combines the convenience of e-commerce with the
of a personal assistant."
The company was co-founded by
in March 2017. She leads a team focused on creating shopping experiences that are highly-personalized and delivered in a
style. Before starting Jet black, Fleiss co-founded Rent the Runway.
Jenny Fleiss has been honored with several recognitions, including Fortune Magazine’s “Most Powerful Women Entrepreneurs”, Fortune Magazine’s “40 Under 40”, and Inc. Magazine’s “
30 Under 30
”. She has also been recognized as one of the “Most Influential Women in Technology” by Fast Company.
In October 2019, Walmart
Jenny Fleiss as the chief executive officer (CEO) of Jetblack. Fleiss was replaced by
(known officially as
) who is a
senior vice president
of supply chain and logistics at Walmart's e-commerce unit.
Nathan Faust is also a
co-founder of Jet.com
History and Target Audience
While Jetblack was officially founded in 2017, it began as a startup incubated by Walmart. It was initially known as
before rebranding as
Recode reveals that Jetblack (Code Eight) was originally conceived as "a personal shopping service for "
busy NYC moms
"". The goal was to let these mothers obtain product recommendations and purchase items by simply sending
The company's target audience is a “
high net worth urban consumer
”. Household items purchased through the platform are delivered within
for free. Other purchases are usually delivered within two business days. All product
are picked up free of charge at the customer’s house or apartment building.