Former Walmart U.S. President and CEO Bill Simon sees technology, suc෴h as virtual reality, having a big impact on traditional brick-anᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚd-mortar retail, according to .

Simon served as President and CEO of Walmart U.S. from 2010 to 2014, giving him a unique perspective on the retail industry. Rather than predicting doom-and-gloom for traditional retail, Simon believe techn♐ology has the ability to transform the industry and open all new possib♍ilities.

Even something as simple as trying on clot♋hes may be revolutionized by technology, such as virtual realiཧty.

“Could we have virtual changing rooms so that you can just scan an item in a store with 𒀰your phone and try it on yourself without actually having to go try it on?” Simon said on CNBC’s “.”

Simon believes successful retailers will combine online sales with a brick-✅and-mortar presence, and cites Target and Amazon as two examples of companies that are making it work.