Wal-Mart Stores Inc. is about to change one of the most familiar logos in corporate America.
Wal-Mart Stores Inc, the Bentonville, Ark., chain and the world’s largest retailer, announced the company will begin replacing logos on the front of its U.S. stores with a new design beginning this fall.
Wal-Mart Stores Inc decided to exclusively sell high-definition DVDs in the Blu-Ray format,which could be a heavy blow to the rival HD DVD technology backed by Toshiba Corp.
In a statement on its Web site, Wal-Mart said that over the next few months it will phase out sales of HD DVD systems and discs. By June, it will sell only products in the Blu-ray format which was developed by Sony Corp.