The Latest Breaking News from Sam Walton

Walmart did not say how many employees would be affected or what severance packages they would get if they chose not to relocate. The announcement was made in a memo sent to U.S.-based office employees by Walmart's Chief People Officer Donna Morris.

"First he learned all the rules,” Harvard Business School professor Richard S. Tedlow said. “Then he broke all the rules which did not make sense to him—which meant almost all of them.”

Walmart says the update is part of a "comprehensive brand refresh."

Walmart's stock price rose 80%, driving gains in the Walton dynasty's net worth.

The chief merchants of Walmart and Sam’s Club are undergoing their biggest test of the year: The holidays.

Nestled in the foothills of the Ozark Mountains in Arkansas, Bentonville has not yet found its place on the tourist trail, but Ellie Seymour finds that the city’s arty charm and rich history and the beautiful natural landscapes on its doorstep are the ingredients for a perfect US getaway

Walmart heiress Alice Walton is a newly-minted member of the centi-billion club.

It may be impossible to replicate the genius, drive, and vision of Winfrey, Jobs, and Walton—but their founder’s mentality is available to all.

Alice Walton, the world's richest woman and Walmart heiress, has a net worth of $95 billion, driven by Walmart's soaring stock, and is known for her significant contributions to art and healthcare through her philanthropy.

Both women are part of families that built sprawling empires across France and the U.S. in beauty and mass retail, respectively.

Numerous renowned CEOs, including Henry Ford and Colonel Sanders, started their successful entrepreneurial journeys after the age of 30, proving that significant career achievements can happen later in life.