Wal-Mart Stores To Become Walmart Inc. In February

Wal-Mart Stores is changing its legal name to Walmart Inc. effective on February 1 to reflect the fact that it is now serving customers in several different channels besides brick-and-mortar stores. The non-store channels include mobile devices, online, and pickup and delivery. CEO Doug McMillon said the company will continue to invest in its stores, but it felt that “it was best to have a name that was consistent with the idea that you can shop us however you like as a customer.” The company has more than 11,600 stores and clubs in 28 countries. [Image Credit: © Walmart ]