×
3 352
Fashion Jobs
HEAD OFFICE
Buyer, Waitrose & Partners (Level 7)
Permanent · BRACKNELL
JOHN LEWIS
Loss Prevention Partner
Permanent · DARTFORD
HEAD OFFICE
Buyer, Waitrose & Partners (Level 5)
Permanent · BRACKNELL
SELFRIDGES
Product Manager
Permanent · LONDON
NEW LOOK
Sales Manager
Permanent · METROCENTRE
FRASERS GROUP
HR Business Partner
Permanent · SHIREBROOK
EVERLAST GYMS
General Assistant - Everlast Fitness (Maternity Cover)
Permanent · ROYTON
PHV
Marketing Executive, UK, Ireland & Nordics (Tommy Hilfiger)
Permanent · London
JIGSAW
Warehouse Operative
Permanent · SWINDON
TJX EUROPE
Loss Prevention Graduate Programme (2023)
Permanent · Grand Londres
ZARA
Visual Merchandising Manager (Kidswear) - Zara - Kingston
Permanent · KINGSTON UPON THAMES
SELFRIDGES
Loss Prevention Inventory Analyst
Permanent · LONDON
HUGO BOSS UK LTD.
Finance Analyst - Retail
Permanent ·
DR. MARTENS
Senior Treasury Analyst
Permanent · LONDON
HARVEY NICHOLS
Press & Marketing Manager - Liverpool
Permanent · LIVERPOOL
FARFETCH
CRM Manager - Farfetch Platform Solutions
Permanent · LONDON
HEAD OFFICE
Senior Business Analyst – Home Insurance
Permanent · LONDON
HEAD OFFICE
Buyer, Waitrose & Partners (Level 7)
Permanent · BRACKNELL
HEAD OFFICE
Buyer, Waitrose & Partners (Level 5)
Permanent · BRACKNELL
BOOHOO
CRM Assistant
Permanent · MANCHESTER
AUTUMNPAPER LIMITED
Alexander Mcqueen Store Planning Procurement & Facilities Manager
Permanent · LONDON
SELFRIDGES
Production Manager - Ftc
Permanent · LONDON
Ads
By
Reuters
Published
Mar 21, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Wal-Mart to launch investment arm in e-commerce push

By
Reuters
Published
Mar 21, 2017

Wal-Mart Stores Inc, the world's largest retailer, will launch its first investment arm to expand its e-commerce business in partnership with retail start-ups, venture capitalists and entrepreneurs, the company said on Monday.

The plan is being spearheaded by Marc Lore, Wal-Mart's e-commerce chief, who joined the Bentonville, Arkansas-based company from retail upstart Jet.com, which it acquired for more than $3 billion in August.


The venture, called Store No. 8, will work with startups that specialize in areas that include robotics, virtual and augmented reality, machine learning and artificial intelligence - Reuters


Since then, Wal-Mart has acquired three small web retailers to add urban and millennial shoppers.

The venture, called Store No. 8, will work with startups that specialize in areas that include robotics, virtual and augmented reality, machine learning and artificial intelligence, Lore said at Shoptalk, a retail conference in New York. It will be based in California's Silicon Valley, he added.

Wal-Mart will keep the startups separate from the broader organization so that they will not affect the retailer's bottom line in the near term, Seth Beal, senior vice-president, incubation and strategic partnerships, said in an interview.

He declined to give a timeframe for the launch.

© Thomson Reuters 2023 All rights reserved.