*By Christian Smith* In its relentless quest to improve shopping, Walmart is trying to recreate an in-store experience for online shoppers using virtual reality developed by Spatialand, a software start-up the retail giant acquired earlier this year. VR may seem like a novelty, but Spatialand's CEO and the founder of Walmart's tech incubator Store No. 8, Katie Finnegan, said it may may be more mainstream in the near future. "It's pretty similar when you look at the original smartphone or cell phone market, she said Wednesday in an interview with Cheddar. "Those were sort of novelties, as well." Finnegan and Walmart hope that VR can enhance shopping for the company's millions of customers. "Studies show that when you're immersed in it you actually retain, and actually understand and validate that information in a much better way than you could do just on a 2D screen, but also as you could do in a physical store," Finnegan said. The company is already using VR to train its new sales associates by simulating challenging situations like November's dreaded Black Friday. Eventually, Walmart plans to use VR to market more experiential products, which Finnegan separates from "consumables" like groceries and toiletries, for customers who may want a preview. For full interview, [click here](https://cheddar.com/videos/how-walmart-plans-to-use-vr-to-improve-the-customer-experience).

Share:
More In Technology
Snapchat Reaches Licensing Deal With Sony Music
Snap has announced a licensing deal with Sony Music, giving its social media platform Snapchat access to the label's entire catalog. The deal now gives the company agreements with all of the major industry labels.
Kyndryl Announces First Partnership With Microsoft
Kyndryl isn't wasting any time as an independent company. Just over a week after spinning off from IBM, the IT infrastructure services provider has announced its first global strategic partner in Microsoft. The two tech giants are coming together to form a new kind of power duo, creating multi-billion dollar revenue opportunities between the companies. Stephen Leonard, global alliances & partnerships leader for Kyndryl, told Cheddar more about the partnership and what it aims to achieve.
Bitcoin Launches Taproot, Its Biggest Upgrade Since 2017
Bitcoin has successfully activated Taproot, the cryptocurrency's first major upgrade since 2017 and a highly anticipated change to the blockchain. Taproot will introduce what's known as Schnorr signatures, which will help transactions become more private, efficient and perhaps even less expensive. Robert Hackett, a cryptocurrency expert and journalist, breaks down the new upgrade and what it means for bitcoin users.
Sandbox VR Raises $37 Million to Offer Immersive Group Gaming Experience
Virtual reality startup Sandbox VR recently announced it raised $37 million Series B funding round. It is a location-based VR company, a space that was hit hard during the pandemic. Sandbox was eventually forced to file for bankruptcy; however, the company is emerging from the pandemic with a fresh round of funding and plans to open new retail locations around the world. Sandbox VR CEO Steve Zhao joins Cheddar News' Closing Bell to discuss.
Load More