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Walmart's new name reflects changing retail strategy
12/6/2017
Saul Loeb/Getty Images

The world's largest retailer is changing its legal name from Wal-Mart Stores to Walmart Inc., to reflect its growing role as an omnichannel retailer, the company said Wednesday. "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," CEO Doug McMillon said.

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