Why Walmart Is Changing Its Official Name
by Phil Wahba, Fortune
Posted: 2017-12-06 16:54:36 EST

Good bye Wal-Mart Stores Inc, hello Walmart Inc.

After 47 years known as Wal-Mart Stores, the world’s largest company said on Wednesday that it is dropping “Stores” from its name in a nod to how much important e-commerce is to the business as it continues to compete with Amazon.com (AMZN, +0.94%). The change goes into effect on February 1st.

While Wal-Mart Stores as a corporate legal name is rarely used in public-facing materials or in stores themselves, CEO Doug McMillon said in a statement that he felt the name change was needed to be “consistent with the idea that you can shop us however you like as a customer.” He added: “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.”

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