Walmart Opens First Intelligent Retail Lab

Walmart IRL

Artificial intelligence may not be a new thing in eCommerce, what with e-tailers of all sizes maximizing its use to boost their profits.

AI’s specific role in physical stores, however, hasn’t been determined yet until Walmart transformed its 50,000-square-foot Neighborhood Market in Levittown, New York into what it calls the Intelligent Retail Lab (IRL).

WalmartEquipped with 100 servers that have over 400 graphics processing units (GPUs), 10 cooling towers, cameras, sensors, and real-time analytics software, the new store focuses on monitoring inventory and making sure that items are always available for Walmart’s in-store and online customers.

The IRL technology automatically detects which shelves in the store need to be replenished or replaced with new items, and then it notifies the staff.

Walmart as a vanguard of future retail

IRL speeds up the work of its employees because they would know in an instant what to get from the stockroom even before anyone has placed an order for it. What’s more, the technology gives them more time to engage with customers.

“The point of having AI in the retail environment is to really understand what we can do for our customers and associates. Customers can be confident about products being there, about the freshness of produce and meat. Our contention in the IRL is that AI is going to be a transformer of retail as eCommerce was.” – Mike Hanrahan, CEO, IRL

Walmart’s IRL comes with touchscreen information stations to help customers understand the store’s new technology and offerings.

What are your thoughts on this retail breakthrough? Let us know in the comments below or join our Facebook Group.

Avatar
For almost 10 years Dave has been involved with eCommerce with a particular interest in the marketplaces and the huge opportunities available for sellers when utilizing a multi-channel strategy. After a year of being the UK’s youngest eCommerce consultant it was the opportunity to start UnderstandingE with Matt Ogborne showing the world how to utilize Magento as the Third Generation of Multi-Channel software. Dave also recently started a YouTube channel called the Manc Entrepreneur (click YouTube icon link below to watch Dave's videos) where he discusses all things eCommerce and entrepreneurship aimed to help young entrepreneurs get started on their own journey. When Dave isn’t working his main interests include, Technology, Cars and throwing himself off high things into water.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.