Ex-walmart u.s. chief on how tech can shape retail in the 2020s

by MR Magazine Staff

The impact of technology on brick-and-mortar retail is just getting started as the 2020s arrive, former Walmart U.S. President and CEO Bill Simon said Tuesday. And it may mean that by the end of the decade the days of carrying a pile of clothes into a dressing room are gone. “Could we have virtual changing rooms so that you can just scan an item in a store with your phone and try it on yourself without actually having to go try it on?” Simon said on “Squawk on the Street.” “There’s just amazing technology that’s already available that if it were applied to retail would fundamentally change the shopping experience.” Read more at CNBC.