Walmart’s New Home Office to Get Fitness Center With Three Pools
(Bloomberg) -- Walmart Inc., which for years has managed its sprawling operations from a famously drab home office, is following through on plans to boost the amenities at its new headquarters complex.
A fitness center will feature tennis courts, three indoor pools and a teaching kitchen, while a child-care center will be able to accommodate as many as 500 kids, Walmart said in a statement Wednesday. The Walton family, which owns about 47% of the retailer, is chipping in $225 million for the facilities and they are scheduled to open late next year.
Walmart, the largest private-sector employer in the U.S., is upgrading its headquarters as it competes with tech giants, banks and consulting firms to entice talented employees. The Walton family has also played a key role in sprucing up the retailer's home city of Bentonville, Arkansas, with a landmark art museum, world-class bike trails and upscale bars and restaurants.
“Providing associates with easy access to offerings that enhance health and wellbeing is an essential element of whole health,” Alice Walton, daughter of company founder Sam Walton, said in the statement.
©2022 Bloomberg L.P.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.