Walmart’s Jet to Cease Its New York City Fresh Grocery Business
- Retailer will close warehouse, eliminating more than 200 jobs
- Jet’s grocery service has struggled since its debut a year ago
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Walmart Inc.’s Jet subsidiary is ending its fresh-food delivery business just a year after introducing the service in New York City, another sign that the urban-focused site is scaling back.
The retailer will close a warehouse in the Bronx it was using to prepare orders and also let some drivers go, resulting in the loss of between 200 and 300 jobs, according to a person familiar with the decision. Jet -- which will continue to sell dry groceries like cereal and other general merchandise -- will inform customers of the news Friday and fulfill any existing orders already placed.