Walmart just changed its name (but you won't notice it) (2024)

FAQs

Why did Walmart change its name? ›

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 ...

Customers won't notice the change. The corporate name is different, but Walmart storefronts, advertisem*nts, bags and merchandise dropped the hyphen in 2008. Why the switch? It's a nod to the digital era and its biggest rival, Amazon.

Walmart Inc. Wal-Mart Stores, Inc.

Still, rising theft — part of what retailers call "shrink" — is the primary reason self-checkout is being ditched in some stores and restricted in others, according to Saunders.

The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Oklahoma City, Oklahoma, and opened Walton's 5 & 10.

The logo was changed in 2008 when the retailer adopted what many thought looked like a flower or a star. But despite the yellow logo baring close resemblance to both, the symbol actually resembles a spark.

You might be surprised to learn that, when Sam Walton opened the first store in 1962, the name on the front of the building was simply, “Walmart.” A few years later, we incorporated as Wal-Mart, Inc., and amended the name to Wal-Mart Stores, Inc., when we went public in 1970.

Walmart is owned by its shareholders. The Walton family is the largest shareholder of Walmart, holding 50% of the company's shares. The Walton family acquired such high ownership of the company because they are the descendants of Sam Walton, who founded the company.

No matter what the role is or where they are in their careers, associates have access to great benefits that bring our 'save money, live better' promise to life.

Walmart is continuing to remove self-checkout lanes from its branches. The list of locations where self-checkout lanes are being removed now includes Shrewsbury, Missouri, Cleveland, Ohio and Albuquerque, New Mexico, according to a Daily Express U.S. report.

Is Target getting rid of self-checkout? ›

The retail corporation announced Thursday via press release that it would switch its regular self-checkout to express self-checkout. The new concept would be reserved for customers with 10 items or fewer. A Target store stands in Manhattan on March 05, 2024 in New York City.

From the availability of staff, cleanliness of the store, and plentiful checkouts, Target is top-notch in my book. Moving through Target was also easier compared to Walmart, with less dodging of shopping carts and little to no bottle-necking from store staff restocking shelves.

Dollar Tree, Inc. is not owned by Walmart. It is an independent company. It owns Dollar Tree, Dollar Bills and also a subsidiary known as Family Dollar. The parent company was once known as Only $1.00.

The Changes in Marketing Campaigns

Walmart's slogan is a result of a dip in sales. The slogan first appeared in television ads, followed by print media replacing the previous slogan, “Always low prices!”

This donation builds on the Walmart Foundation's $1 million investment made earlier in Magen David Adom's emergency services work in Israel. Our hearts remain with our associates, customers and members who have been personally impacted, as well as all those suffering as a result of this situation.

This is what that store looked like. But where does the name come from? Following the success of the Arkansas store, Walton decided to open multiple stores under “Wal-Mart Stores, Inc.” While there are no official records on the origins of the name, “Wal-Mart” was likely an abbreviation for Walton's Market.