Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Innovation & Technology

  • Home
  • Innovation & Technology
  • Walmart’s Store No. 8 buys VR startup

Walmart’s Store No. 8 buys VR startup

  • Categories Innovation & Technology
  • Date February 7, 2018
  • Comments 0 comment

Walmart’s Store No. 8 has created its third portfolio company with the acquisition of virtual reality platform and content studio Spatialand, the retail giant said in an email to Retail Dive. The company caught Walmart’s eye at Store No. 8’s Innov8: V-commerce summit over the summer, according to a company blog post.

Terms aren’t being disclosed, a Walmart spokesperson told Retail Dive, although it’s likely a smaller play than the company’s acquisition of Modcloth, Bonobos and other startups. Spatialand itself seems to have gone dark: Its website on Tuesday offered up only a banner with a trademark and the tagline “powering immersive destinations.”

The new venture will operate in stealth, led by Spatialand CEO and co-founder Kim Cooper and Store No. 8 Chief Product Officer Jeremy Welt, according to Katie Finnegan, Principal of Store No 8. “The team will develop and explore new products and uses of VR through immersive retail environments that can be incorporated by all facets of Walmart, online and offline,” Finnegan said in a blog post.

https://www.retaildive.com/news/walmarts-store-no-8-buys-vr-startup/516429/

  • Share:
gsiino

Previous post

Retail partnership launches new online mall accepting only cryptocurrency
February 7, 2018

Next post

Macy's plans pop-ups to amplify discovery
February 7, 2018

You may also like

vai tomar
Morrisons becomes first UK retailer to deploy Simbe Tally robot as select stores trial the technology
28 April, 2025
macys
Is AI the Next Frontier for Macy’s New CMO?
1 December, 2023
gogole-ai
Google will make fake AI products to help you find real gifts
16 November, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Aldi targets 20 new store locations across the UK
18Jun2025
Retail technology innovation of the week: AI driven age estimation tech goes live at IKI Lithuania stores
13Jun2025
Carrefour first major European grocer to adopt VusionGroup EdgeSense tech, following Walmart roll-out in US
12Jun2025
BAO BAO ISSEY MIYAKE Opens Its First U.S. Flagship Store in Soho, New York
12Jun2025
Kith & Wilson are Coming to London in Boutique Style
12Jun2025

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy