Walmart Plans AI Retail Lab for NY Store |
To experiment with customer and associate experiences Walmart plans to bring an Intelligent Retail Lab to a Levittown New York store The concept is to apply technology such as artificial intelligence AI to a grocery store as opposed to a warehouse club setting according to reports In one case the retailer could use the technology for inventory That is it could find reorder items when it finds that it is running low At the same time the technology could determine when items are put on incorrect shelves when the supply of shopping carts runs low and when a spill has occurred While the Intelligent Retail Lab hasnt been rolled out yet the retailer has reportedly been installing software hardware and equipment that would be needed for the experiment The lab team is also reportedly inside of the retailers Store No 8 startup incubator The Kepler internal team is spearheading the project which had been reported by tech publications as one that would be involved in cashierless stores But according to reports the team is creating the Levittown stores AI lab When it comes to new checkout technologies however Walmart-owned Sams Club was opening a new Dallas Texas store that would act as a testbed for cutting-edge retail technology In an October blog post Sams Club noted that it will test mobile checkout electronic shelf labels a camera system for inventory management in-store augmented reality navigation technology and artificial intelligence shopping The store was first announced in June with Sams Club saying at the time that it would be a real-world lab for bringing the experience of shopping more technology SamsClubcom CEO and EVP Membership and Technology Jamie Iannone said in the post at the time Well use all available technologies including computer vision augmented reality machine learning artificial intelligence robotics just to name a few to redefine the retail experience Sams Club Now is a lab our technologists will use to develop and refine concepts before they scale It also happens to be a club thats open for business LATEST INSIGHTS Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation thats reshaping the payments and commerce ecosystem Check out our latest report in partnership with Visa AI artificial intelligence customer experience Intelligent Retail lab News Retail retail technology walmart Whats Hot