‘Walmart’s closing its tech incubation hub – and that might be a good sign’

Walmart InHome delivery service - woman putting groceries in fridge

On the face of it, shutting down a technology incubation unit, as Walmart is doing, looks a bit Jurassic Park in its thinking.

After the travails that retailers have been through to adapt to change that in industry terms was sometimes as powerful as the asteroid that wiped out the dinosaurs, it would be odd if Walmart scaled back its experimentation.

That might be the conclusion some draw from Walmart’s decision to close Store No. 8, named after the branch of the chain in which founder Sam Walton often tried out new ideas.

 

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