Walmart Closing 269 Stores Worldwide

[kygirl]

Wal-Mart Stores Inc. announced Friday it plans to close 269 stores worldwide, including 154 locations in the United States. In a statement, the company said the move came after a review that took into account a “number of factors, including financial performance as well as strategic alignment with long-term plans.”

Wal-Mart Stores Inc. Closing 269 Stores Worldwide, Including 154 In US

[75center]

10,000 US workers will lose jobs.

 

Be careful what you wish for.

[Twotoplace]

The business model ain't what it used to be.

[TAC]

10,000 US workers will lose jobs.

 

Be careful what you wish for.

 

They have 2,200,000 employees. With as many Wal-Mart locations as there are, hopefully the good workers will be relocated.

[Clyde]

They have 2,200,000 employees. With as many Wal-Mart locations as there are, hopefully the good workers will be relocated.

 

I'd be curious to see the locations being closed. Part of my brain says they will be close to other WMs vs being rural.

[75center]

I expect this will help their bottom line long term.

[NKY Bandit]

Union related? Keep reading stories about employees trying to organize and WM closing shop to avoid it.

[Clyde]

Union related? Keep reading stories about employees trying to organize and WM closing shop to avoid it.

 

Not sure but that's the chance you take when you attempt to organize.

[Irish Cat]

Jade Helm?

[Cuban Missile]

269 total store closing worldwide: 102 of which are their Walmart Express locations here in the U.S., 115 international locations, 23 Neighborhood Markets, 12 supercenters, 7 stores in Puerto Rico, 6 discount centers, and 4 SAM's Clubs

 

They will be opening over 300 new locations in fiscal year 2016...

[bugatti]

Wal-Marts closing shop is devastating for communities. What do you do with a massive vacant building with 2,000 parking spaces on multiple acres of land? Also generally in prime time real estate.

[75center]

Union related? Keep reading stories about employees trying to organize and WM closing shop to avoid it.

 

Would not surprise me although if 95% are within 10 miles of other stores you would think both stores would be affected instead of just one.

[gchs_uk9]

102 of which are their Walmart Express locations here in the U.S.

 

What is a "Walmart Express"?

[BigVMan23]

I'd be curious to see the locations being closed. Part of my brain says they will be close to other WMs vs being rural.

 

Click on the underlined word "statement" in the main article and it will show you the list of stores. None in KY, boat load in NC.

[ThrillVille Cardinal51]

There are a couple of Neighborhood Wal-Mart grocery stores in Louisville that are like ghost-towns constantly.

 

The Wal-Mart Super Center on Bashford Manor is like a zoo though.