Walmart will build a new headquarters in Bentonville, CEO Doug McMillon said today. The project is expected to accommodate 14,000-17,000 employees, who are now spread among 20 buildings in Bentonville, Arkansas Business reports. It’s expected to be built in stages and take five to seven years to be completed.
Also from Arkansas Business:
The retailer said it is beginning the process of working with city and state officials and other stakeholders to move the project ahead. That includes applying for a grant from the Arkansas Economic Development Commission through an incentive designed to encourage capital investment. [Spokesman Randy] Hargrove said Wal-Mart didn’t know the dollar value of the incentive.
One of the world’s largest corporations, which has been headquartered in Bentonville for almost 50 years, needs state money to help it build a shiny new campus with, according to a Walmart statement, “improved parking, meal services, a new fitness center, and natural light”?