Why Walmart opening new Silicon Valley-like headquarters is not-so-good news for Amazon, Google and Netflix
Walmart is investing billions in a gleaming new headquarters campus designed to lure top tech talent away from industry giants like Google, Netflix and Amazon, as the retail behemoth transforms itself into a technology-driven company to compete in the digital marketplace.The retailer’s new 350-acre Bentonville, Arkansas campus features Silicon Valley-style amenities including electric bikes, robot groundskeepers, a hotel, food hall, amphitheater and massive fitness centers. The facility, which opened its first building in January, represents a dramatic departure from Walmart’s spartan former headquarters in a converted distribution center with wood-paneled offices and few windows.
