Walmart changes legal name to reflect growing omni-channel
The name change demonstrates the company’s growing emphasis on serving customers however they want to shop.
Reflecting its growing status as an omni-channel retailer, Walmart, Bentonville, Ark., announced plans to change its legal name from Wal-Mart Stores, Inc. to Walmart Inc., effective Feb. 1, 2018. The name change demonstrates the company’s growing emphasis on serving customers however they want to shop—in stores, online, on their mobile device or through pickup and delivery.
“Our customers know us as Walmart, and today they shop with us not only in our stores, but online and with our app as well,” says Doug McMillon, president and CEO. “While our legal name is used in a limited number of places, we felt it was best to have a name that was consistent with the idea that you can shop us however you like as a customer. Looking ahead, we’ll continue to invest in and strengthen our stores around the world and expand our e-commerce capabilities, as we help save customers’ time and money. As time goes on, customers will increasingly just think of and see one Walmart.”