Walmart announced the launch of Store No. 8 in 2017. The unit was created to help the company compete with Amazon.
The unit focused on health and wellness; sustainability and the circular economy; social commerce and the creator economy; the metaverse; customer experience and loyalty; and decentralized commerce.
“Store No8 was an important early step forward into tech-powered customer solutions which led to innovations that have transformed how customers shop at Walmart,” a company spokesperson said in an emailed statement to Retail Dive.