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...The 18-wheelers the company wants to replace are immortalised in a painting that hangs in a corridor of the Bentonville headquarters....
...A version of this article was first published by the Nikkei Asian Review on January 8 2020. @2020 Nikkei Inc. All rights reserved....
...Phillips Specialty Products Inc (PSPI) – a subsidiary of Phillips 66, itself a spin-off from ConocoPhillips – will cost Berkshire Hathaway slightly less than $1bn, but Mr Buffett is not paying in cash....
...Sharon is a forty-two-year-old single mother who lives in a small town in southern Arkansas. She ekes out a living trolling for treasures at yard sales and selling them at a flea market....
...Alice’s collection includes paintings by Asher Durand, Winslow Homer, Charles Willson Peale and Marsden Hartley....
...“But they’re not sports specialists – they’re selling paintings for $40m. So we like to think we have a bit more expertise in our niche....
...Walton is building a museum solely dedicated to American art in her home town, Bentonville, Arkansas....
...The city has rallied to the cause and will keep a painting by its native son, Thomas Eakins, which was about to be spirited away by Wal-Mart heir Alice Walton to her new American art museum in Arkansas....
...Ms Walton, one of four Walton children, created a stir in the art world last month when she paid more than $35m at Sotheby's in New York for “Kindred Spirits”, an 1849 painting by Asher Durand, a member...
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