Chris Bolte, VP of Walmart Labs, let us know exactly why brick-and-mortar retail stores aren’t yet a thing of the past here at Business Insider’s Social Commerce Summit. It boils down to one thing. When people want to buy something, it doesn’t matter how retailers get it to them — they just want to be [...]

The group responsible for bringing multinational retail corporation Wal-Mart into the era of mobile and social commerce has just expanded. WalmartLabs, the retail giant’s eight month-old social and mobile product incubator, has acquired Small Society to help improve customers’ mobile experiences, the group announced Wednesday. Terms of the deal were not disclosed. Small Society is behind [...]

Walmart Labs, the social and mobile lab created by the retail giant, has picked up mobile development agency Small Society. The small Portland, Ore. team will be incorporated into Walmart Labs, which has a Portland office and previously acquired Set Direction last year. Walmart Labs is trying to evolve with the changing face of commerce as [...]

Wal-Mart’s recent thrust has been toward enhancing and developing its e-commerce platform. According to reports, Wal-Mart is aggressively hiring developers to expand its @WalmartLabs team. The company is trying to leverage social media to drive its sales. Recently, it partnered with Facebook and also acquired Kosmix, a social media company. Wal-Mart competes with other big [...]