Walmart Steps Up Search for Retail Tech from Startups

Walmart


wmt



wants you. If you’re a tech startup with a way to solve today’s retail problems for the world’s largest retailer, that is.

This week, Walmart announced it would hold a Technology Innovation Open Call in October in conjunction with Northwest Arkansas Technology Summit, an event that will bring together 100 members of Walmart’s brass with startups devising the latest latest retail tech, whether it be for stores, logistics, big data, security, or social media.

The event builds on a smaller, similar event the retailer held last year, a Walmart spokesman told Fortune.

This makes Walmart the latest retailer looking to tap the ideas of small companies to help come up with the tech to support where shopping is heading next. Tech spending is a huge priority for Walmart: in the last few years, it has spent billions on things like equipping stores to help fill e-commerce orders and to handle same-day in-store pick up; a new app, the soon-to-be deployed Walmart Pay; and making curbside grocery pickup available at more stores.

Walmart is the third largest U.S. e-commerce company, but digital sales growth has slowed in recent quarters and is below that of Target http://fortune.com/2016/04/29/walmart-tech/

Useful Links: Swiss Watches | Watch Coupons | Coupons | Alu Foam | Security Rooms | Oldtimer | Bitcoin News

NO COMMENTS