Walmart Explores Artificial Intelligence With New Intelligent Retail Lab Store
Walmart recently announced a transformation of one of its Neighborhood Market locations into a store with tons of cameras, sensors, data processors and cabling to connect it all.
The company calls this Levittown, N.Y., location the Intelligent Retail Lab (IRL), and it allows Walmart to test the latest technologies in a real grocery environment.
“We’ve got 50,000 square feet of real retail space. The scope of what we can do operationally is so exciting,” Mike Hanrahan, CEO of IRL, said in a news release. “Technology enables us to understand so much more — in real time — about our business. When you combine all the information we’re gathering in IRL with Walmart’s 50-plus years of expertise in running stores, you can create really powerful experiences that improve the lives of both our customers and associates.”READ MORE ON: PRODUCE RETAILER