Walmart’s hometown of Bentonville, Arkansas has become a surprising boomtown with many amenities you might expect to find in New York, Austin or San Francisco – fancy restaurants, expensive craft cocktails, beautiful biking and running paths, a world-class art museum and a soon-to-open medical school. The town has more cranes per capita than any other U.S. city, with the biggest project being Walmart’s 350-acre new headquarters. The area population increases by 36 people every day and Bentonville is expected to swell to 200,000 by 2050, about 3.5 times today’s population. Bentonville will soon get another wave of newcomers as Walmart transfers many of its corporate employees from other cities. But with the boom comes big-city economic challenges, including a fast-moving housing market with low inventory and high prices. CNBC’s Melissa Repko travels to Bentonville to find out how Walmart has transformed its hometown.
Chapters:
0:00 Introduction
2:21 Moving to Bentonville
4:57 Boomtown
Produced and shot by: Shawn Baldwin
Edited by: Andrea Miller
Reporter: Melissa Repko
Supervising Producer: Jeniece Pettitt
Additional Production: Jodi Gralnick, Marc Ganley
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to be a successful, confident communicator? Take CNBC’s n
|
She’s not holding back on her family’s t...
In Nathan Fielder's surprising documenta...
Yahoo Finance Live Daily Market Coverage...
The murder trial of Lindsay Clancy ended...
Wende Zomnir co-founded Urban Decay in 1...
----------------------------------------...
"Sometimes you have to be resourceful," ...
A hacker drained 95% of the Bitcoin back...
Clinical psychologist Dr. Becky Kennedy ...
トキメキ・インベスティング 「続・夫婦のお金会議 お金が貯まらない原因は「財布」...
#9月8日 #東京市場 #日経cnbc ✅画面に表示される株価・指数などの数...
日替わりで、FX取引に役立つ最新&必見情報をお届け! ※本動画はPR・プロモーシ...
Microplastics are usually consumed throu...
----------------------------------------...