Which retail company launched the first dedicated innovation lab called 'Lab126' in 2004, which went on to develop groundbreaking products like the Kindle e-reader and Echo smart speakers?

Retail innovation labs have transformed how major companies develop and test new shopping experiences and technologies. These dedicated spaces serve as incubators where retailers experiment with cutting-edge concepts before wider deployment. From augmented reality fitting rooms to checkout-free technology, these labs have become critical strategic investments for forward-thinking retailers looking to stay competitive in an increasingly digital marketplace. Test your knowledge about these retail innovation powerhouses!

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