Thursday, September 21, 2017
One week after Amazon announced, with great fanfare, that it is planning to build a second headquarters in a city offering the best perks, Walmart has announced that it is replacing its aging headquarters in Bentonville, Ark., with a new one.
In a note to employees, Walmart’s chief executive, Doug McMillon (pictured), said the company’s current corporate campus – a hodgepodge of more than 20 buildings spanning several communities – are “significantly beyond their shelf life.” A new home office, centred on 350 acres, will be better suited to a more “digitally native work force,” he said, with improved parking, meal services, fitness and natural light, according to a New York Times report.
The construction of the new headquarters, which will house up to 17,000 employees, will take place over the next five to seven years.
A Walmart spokesman said that when thinking about the need for a new headquarters, the company did not consider moving to another city. Walmart’s loyalty to Bentonville contrasts with Amazon’s decision to build a second headquarters outside its home office in Seattle, setting off a bidding war among American cities. More than a dozen cities and states have already publicly expressed their interest in wooing Amazon to town.