Walmart Closes JetBlack White Glove Concierge Service
Give Walmart (NYSE: WMT) credit for continuously trying to punch up, but the retail giant really should just learn to stay in its lane. The well-heeled are just not its target demographic.
That the discount retailer is throwing in the towel on JetBlack is no surprise, as it was always doubtful its white glove concierge service would attract many customers, so maybe Walmart finally realizes its discount branding really doesn't appeal to an upscale audience. I wouldn't bet on it, but this latest experiment for busy, rich people is done anyway.
Image source: Getty Images.
Source Fool.com
