Item 8.01. Other Events.

As previously reported by Walmart Inc. (the "Company") in a Current Report on Form 8-K filed with the Securities and Exchange Commission on January 15, 2021 (the "Initial Form 8-K"), Marc Lore notified the Company on January 14, 2021 of his intent to retire from his position as Executive Vice President, President and Chief Executive Officer, U.S. eCommerce, effective January 31, 2021, after which time Mr. Lore will continue to serve in a consulting role as a strategic advisor to the Company through September 2021. This Current Report on Form 8-K/A is being filed as an amendment to the Initial Form 8-K to provide information regarding the terms of an agreement between Mr. Lore and the Company regarding his retirement from the Company. On January 26, 2021, Mr. Lore and the Company entered into a Separation Agreement (the "Agreement"). Under the Agreement, Mr. Lore will receive a one-time payment of $36,000. Mr. Lore will continue to receive certain remaining scheduled cash payments and equity vestings related to the Company's acquisition of Jet.com, Inc. through September 2021. In addition, the Agreement prohibits Mr. Lore from participating in certain businesses that compete with the Company through September 2023, and the Agreement includes non-solicitation, confidentiality, and other obligations.

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