Wal-Mart testing personal shopping for wealthy NYC moms, cashier-less concept: Recode

Wal-Mart Stores Inc. is testing a personal shopping service targeting "busy NYC moms" and a store concept that does away with cashiers, according to a Recode report. Code Eight, a Walmart subsidiary, is testing the service, which has placed an online job listing detailing the target shopper as a "high net worth urban consumer." Shoppers can currently choose items from the health and beauty, household essentials and apparel and accessories categories, text a photo of the item and have them delivered for free within two business days. Household items can be delivered within 24 hours. Walmart's startup incubator Store No. 8 is working on the store concept, called Project Kepler, Recode writes. It has elements of Amazon.com Inc.'s Go store, which also eliminates cash registers, but has been delayed by glitches. Wal-Mart shares are up nearly 43% for the year so far, outpacing the S&P 500 index , which is up 19.7% for the period, and the Dow Jones Industrial Average , which is up 25.1% for 2017 so far.

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