The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
NEW YORK, United States — Walmart Inc's Jet.com said on Tuesday it will open a new fulfilment centre in New York City this fall, making the largest city in the United States one of its first markets for same-day delivery.
The fulfilment centre in the Bronx borough will exclusively stock Jet's own products, but a company spokeswoman did not rule out selling Walmart's products in the future.
Walmart has been investing heavily in its e-commerce business, through its own website and Jet.com, with the company saying it is on track to increase online sales by 40 percent this fiscal year.
Jet.com, which Walmart bought in 2016 for about $3 billion, will offer New Yorkers everything from weekly groceries to iPhones.
By Uday Sampath; editor: Saumyadeb Chakrabarty.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.