NEW YORK – Wal-Mart Stores is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age of Amazon’s increasing dominance.
The world’s largest retailer, based in Bentonville, Ark., said Wednesday that it will change its legal name to Walmart Inc. from Wal-Mart Stores Inc.
It said the move underscores its growing emphasis on serving shoppers in different ways beyond just physical stores but also online, on their mobile devices and through pickup and delivery. The company has been making inroads in narrowing the gap between itself and Amazon by making big investments in its online business.
Original published: 2017-12-06 21:33:00 Read the full Houston News here
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