Rent the Runway co-founder Jennifer Fleiss will lead a company called code eight, which will focus on providing more personalized shopping experiences for Wal-Mart shoppers.

Wal-Mart Stores Inc. is increasing its e-commerce emphasis by hiring the co-founder of Rent the Runway, an online service that rents designer apparel and accessories.

Wal-Mart, No. 3 in the just-released Internet Retailer 2017 Top 1000, hired Rent the Runway co-founder Jennifer Fleiss to head a new company called code eight, which springs from the retail chain’s new Store No. 8 tech incubator.

Code eight will focus on developing “highly personalized, one-to-one shopping experiences” for Wal-Mart shoppers and will fall under the umbrella of Store No. 8, which launched last month, the retailer said. Wal-Mart representatives declined to give more details about code eight.  Store No. 8, named after the Wal-Mart store location where the retailer experimented with new store layouts, aims to focus on such technology as virtual reality, autonomous vehicles and drone delivery, and personalized shopping.

“Jenny is a trailblazer in her field and has spent her career advancing ideas that have shaped retail as we know it today,” Store No. 8 principals Seth Beal and Katie Finnegan wrote in a blog post. “As co-founder of Rent the Runway, she saw the expansion of the company into a globally recognizable brand and pioneered a new retail model. Under Jenny’s leadership, this new company will be a jumping off point for Store No. 8’s mission to shape the future of commerce.”

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Fleiss announced she was leaving Rent the Runway (No. 229 in the Top 1000) last month. During her time there, Rent the Runway raised $174.4 million over five funding rounds, according to CrunchBase, including a $60 million round in December led by Fidelity Investments.

Fleiss’s hiring comes during Wal-Mart‘s acquisition spree that has helped it add a stable of high-profile e-commerce talent in its push to increase its breadth of online customers and compete with Amazon.com Inc. (No. 1). In August, Wal-Mart acquired online marketplace Jet.com for $3.3 billion, which led to Marc Lore being named president and CEO of Wal-Mart’s U.S. e-commerce business.

Since then, Wal-Mart acquired Shoebuy (No. 103) for $70 million in January, outdoor gear e-retailer Moosejaw (No. 258) for $51 million in February and vintage apparel e-retailer ModCloth in March for a price close to what it paid for Shoebuy and Moosejaw, according to a company spokesman. In all three deals, Wal-Mart opted to retain the CEOs and staff of the retailers it acquired.

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And, it appears Wal-Mart may not be done with its acquisitions. Reports surfaced last week that Wal-Mart is in talks to acquire men’s clothing e-retailer Bonobos (No. 232). A Wal-Mart spokeswoman and a Bonobos spokesman both declined to comment on those reports.

A Wal-Mart bid for Bonobos is all about a new kind of customer

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