Walmart just changed its name but you probably won’t notice… They officially dropped the hyphen so no more Wal-Mart and it’s just Walmart now. I am guessing you don’t care, lol. Walmart is competing with Amazon, so they decided to make their name a little more seamless for the customer.
Walmart now owns online brands, such as Jet.com, ModCloth, Bonobos and Moosejaw. It recently bought Parcel, a logistics startup that will offer same-day deliveries for online purchases in New York City. Walmart’s digital sales rose 50% in the United States during the most recent quarter.
The company has also stepped up its grocery business both in stores and online as Amazon becomes a major supermarket player with Whole Foods.