Discounting giant unveils updated logo

Wal-Mart Stores Inc., the world's largest retailer, unveiled its new logo Monday on its Web site.

The logo, to be introduced in the fall, will change for the fifth time in the Bentonville, Ark., company's 46-year history.

“This update to the logo is simply a reflection of the refresh taking place inside our stores,” Wal-Mart said. Bloomberg News