# Store No. 8

Store No. 8 is a Private Equity based in Hoboken, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Hoboken, United States
- **Region:** North America
- **Address:** Hoboken, NJ, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** corporate.walmart.com
- **LinkedIn:** https://www.linkedin.com/company/store-no-8

## Regulatory record

- **Reports private funds:** No

## About

Explore Walmart’s corporate news, purpose, leadership, investor information and supplier resources—all in one place.

## Sectors

- Enterprise Software
- AI/ML
- Robotics & Automation
- Mobility & Transportation
- Retail Technology

## Questions

### How is Store No. 8 structured within Walmart?

Store No. 8 operates as a separate legal entity and innovation arm of Walmart, initially designed to function with startup-like autonomy away from the company's Bentonville headquarters. In 2024, following the departure of its founding head, Walmart tightened integration, bringing the unit closer to core retail operations while maintaining its venture and incubation mandate (per The Information, March 2024).

### What types of investments does Store No. 8 make?

The firm makes early-stage venture investments and creates startup companies from scratch through an incubation model. Targets include robotics, autonomous delivery, spatial commerce, artificial intelligence, and conversational commerce platforms that have direct application to Walmart's retail and e-commerce operations.

### Does Walmart operate other venture investment vehicles alongside Store No. 8?

Store No. 8 is specifically focused on frontier technologies with a longer time horizon for commercialization. Walmart's broader Global Tech organization and corporate development team handle incremental innovation, internal platform builds, and acquisitions of mature companies. The distinction is incubation and early venture risk versus operational technology deployment.

### Who runs investment decisions at Store No. 8?

Store No. 8 was led from its 2017 founding by Scott Eckert. Eckert departed in early 2024. As of the latest available information, Walmart has not publicly named a direct replacement, with the unit's investment decisions now managed within a more integrated Walmart corporate innovation structure (per The Information, March 2024).

### What happens to companies Store No. 8 incubates after proof-of-concept?

The path to scale is integration into Walmart's operations or a separate commercialization path. Alert Innovation, an automated grocery fulfillment startup incubated by Store No. 8, was acquired by Walmart and deployed inside the company's supply chain. Others, like Zipline, have pursued external partnerships after testing programs with Walmart (per CNBC, 2021).

## Related profiles

- [Storehouse Financial](https://altss.com/profile/storehouse-financial)
- [Stormbreaker Venture Group](https://altss.com/profile/stormbreaker-venture-group)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/store-no-8

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology