Retail giant Walmart exhibited five VR developers in October 18, 2017 event, showcasing future of commerce through virtual reality

Briefing

Retail giant Walmart exhibited five VR developers in October 18, 2017 event, showcasing future of commerce through virtual reality

October 23, 2017

Briefing

  • Store No. 8 – Retail giant Walmart’s innovation hub, Store No. 8, showcased five startups in event held October 18, 2017 demonstrating virtual reality technologies for future of commerce
  • 8i X Bonobos – VR tech shows customer interacting with Bonobos Guide to select virtual shirts from rack and see fit on hologram of real model
  • Fyusion X ModCloth – Allows consumers to experience how products feel before they purchase without having to physically go in-store
  • Obsess X Rebecca Minkoff – Showcased Rebecca Minkoff virtual store, demonstrating platform that can create interactive virtual store environments customized to reflect brand's identity
  • Nurulize – VR application created by Nu Design demonstrating social interaction where two or more people explored and interacted with virtual items in detail
  • Specular Theory – Showcased FAB (Families And Babies), which can identify child safety hazards and provide product recommendations based on family’s specific needs, such as child age

Accelerator

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Wholesale and Retail Trade

Organization

Walmart Stores Inc.

Source

Original Publication Date

October 19, 2017

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