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Wal-Mart Stores Inc. is dropping the name "Stores" and will be known as Walmart Inc., as of February 1, 2018.

Walmart says the change is part of its efforts to rebrand itself as more than a brick and mortar store.

The name change highlights the company's online, pickup and delivery and mobile shopping capabilities.

"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," Chief Executive Doug McMillon said.

The company has more than 11,600 stores around the world.

 

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