Walmart is shutting down 269 stores as the company tries to cut costs and focus on e-commerce. More than half of these stores are in the US.
Walmart $WMT is shutting down 269 stores as the company tries to cut costs and focus on e-commerce. More than half of these stores are in the US.
Included among the closures are all 102 locations of Walmart Express, its smallest stores. Express began in 2011 as an experiment with bodega-like Walmarts in spots, mostly urban and rural areas, where the company couldn’t open the sprawling “Supercenters” for which it is best known. But they weren’t successful.
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Walmart hasn’t yet disclosed all of its closures outside the US. Here is a map and list of the store closures in the company’s home country:
