Wal-Mart is buying the largest private company in the U.S. and will be worth $6 billion, according to Reuters.
The acquisition will create a global retailer that has more than 6,000 stores.
Walmart has been struggling in recent years as the global economy continues to grow.
The deal is expected to close in the second quarter of 2021.
Wal-mart’s stock price has risen nearly 200 percent over the past year.