Walmart Acquires Virtual Reality Start Up

In an effort to reshape how shopping takes place in stores and online, Walmart bought Virtual Reality start up Spatialand.

Virtual Reality

Virtual reality start up Spatialand is the latest acquisition for Walmart. The retailer believes that Spatialand will be able to help reshape the way shopping takes place online and in stores.

In the last year and a half, Walmart has bought and Modcloth, instantly increasing their online sales. Spatialand will not pay off in the short term, though. The start-up is teaming up with Walmart’s tech incubator Store No. 8 to develop retail technology to better compete with

Virtual reality is a continuous buzzword amongst the gaming community, but Walmart sees the potential it has to restructure retail.

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