As Recode reports, Walmart has acquired the virtual reality startup Spatialand. Very little is known about Spatialand beyond the fact it specializes in making software tools that allow content to be turned into VR experiences.
Clearly, Walmart wants that expertise working to transform its retail experience for viewing in a virtual world. As you’d expect, Walmart isn’t saying.
However, Katie Finnegan, who oversees Store No. 8, has stated the retail experiences being worked on won’t be seen for at least five years and possibly not for another decade.
So while VR shopping may seem like a strange choice right now due to the costs of headsets and supporting hardware, by 2028 it could be as cheap and readily available as smartphones are today. The good news is, we won’t have to wait until the next decade to find out what Spatialand is working on, Finnegan also said we should expect a reveal in 12-18 months.
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