Why Walmart’s $2.6B purchase of Target is a big deal for the retailer

Walmart, the nation’s largest retailer, said it has purchased the nation “the largest retailer of clothing and footwear in the world” for $2,638 billion.

The deal is the biggest in retail history.

It’s also a significant expansion for Walmart in the United States, a country where the retailer has been struggling to win over consumers with its “Save Our Neighborhoods” campaigns and low prices.

The purchase of the Target store is part of a larger effort to expand into the country’s urban centers, which have become increasingly dependent on its products and services.

Walmart said its deal includes a new full-service store that will open in the city of Memphis, Tennessee, and will include new apparel and accessories.

“Target is a leader in the retailing industry, and the acquisition of this brand demonstrates our commitment to continuing to invest in the region, while enhancing the opportunities it provides to our employees, customers and communities,” Walmart CEO Doug McMillon said in a statement.

“Our commitment to Memphis and the Memphis market is unrivaled.”

Walmart said it will provide support to local and regional employees, including hiring new staff, as part of the deal.

Wal-Mart is also investing more than $200 million in the Memphis area to help revitalize its downtown, which is in need of a makeover.

It has begun hiring to improve the area, as well as expanding its retail locations in the area.

In addition, Walmart is working with Memphis city officials and the City of Memphis to create a “Save our Neighborhoods Partnership,” which is designed to provide resources for the city to help develop a community-driven retail strategy.

McMillon said Walmart is expanding its efforts in the U.S. and is “pursuing a new strategy for growing our business in the coming years.”

The deal comes after Walmart made a $2 billion investment in Target earlier this year.

At the time, McMillon told investors that Target would remain a leader among department stores in terms of customer service.

Walmart is one of the largest online retailers in the country, but has been facing a steep drop in sales and a slowing economy.

The retailer has said that its plan to boost sales is focused on customers who are willing to pay more for their goods.

As a result, it has been shedding stores and moving more aggressively into the apparel and other consumer goods space, with a plan to invest $200 billion in the sector over the next three years.

A big part of Walmart’s strategy is to create an online store with the same kind of technology and online shopping experience as its stores, but instead of selling physical merchandise, the company will sell online.

Its first store in North America opened in 2006, and its latest one opened in New York City in 2014.