Which company launched the first retail innovation lab called 'Walmart Labs' through a strategic acquisition in 2011, pioneering the concept of dedicated retail innovation centers?

Test your knowledge about groundbreaking retail innovation labs that have transformed how companies develop and test new shopping experiences. These specialized facilities serve as sandboxes where retailers experiment with emerging technologies before widespread implementation. From augmented reality fitting rooms to automated checkout systems, these innovation hubs have revolutionized the retail landscape and set new standards for customer experience.

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Walmart, through its acquisition of Kosmix
Amazon, through its acquisition of Kiva Systems
Target, through its acquisition of Shipt
Home Depot, through its acquisition of BlackLocus