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Walmart's new startup: Text anything and get it delivered within a day

Walmart's latest attempt to take on Amazon is decidedly high-end. The company is launching Jetblack, a new personal shopping service that lets customers order items via a text message with same-day or next-day delivery. For now, the invite-only service is only available in parts of New York City and costs a hefty $50-a-month. Jetblack was developed in Walmart's in-house incubator, Store No. 8, and is being led by Rent the Runway co-founder Jenny Fleiss. "With Jetblack, we have created an entirely new concept that enables consumers to get exactly what they need through the convenience of text messaging and the freedom of a nearly unlimited product catalogue," Fleiss said in a statement. Walmart (WMT) is positioning the service for "time-strapped urban parents" that delivers items from Walmart, Jet, Saks Fifth Avenue and other New York shops. Shoppers can request specific items or ask for suggestions and a Jetblack agent will offer "curated recommendations." There is no minimum amount to spend and the service won't deliver alcohol or groceries. Read Complete Article