Wal-Mart renaming reflects online focus

BENTONVILLE, Ark. — Wal-Mart Stores Inc. says it will legally become Wal-Mart Inc. as of February 1, 2018. The move reflects the retail giant’s omnichannel strategy, which includes multiple banners and fulfillment options. “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,” said CEO and President Doug McMillon. The name is in fact more a revival than a novelty, as it was the original name the company used when it incorporated in the fall of 1969. The current name was adopted only two months later in January, 1970.