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Walmart to close over 250 stores - BertNicker - 01-16-2022

Wal-Mart to shutter 269 stores, 154 of them in the US


The world's largest retailer is closing 269 stores, including 154 in the U.S. that includes all of its locations under its smallest-format concept store called Wal-Mart Express. The other big chunk is in its challenging Brazilian market.


The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue. Wal-Mart Stores Inc. said the store closures will affect 16,000 workers, 10,000 of them in the U.S. Its global workforce is 2.2 million, 1.4 million in the U.S. alone.


The store closures will start at the end of the month.


http://hosted.ap.org/dynamic/stories/U/US_WAL_MART_STORE_CLOSURES

 

 




Walmart to close over 250 stores - Guest - 01-16-2022

Seems as if a new business strategy is being implemented in Latin America! Corporate endeavors are competing in a big way! 

 

http://forum.chickensomething.com/index.php/topic/250-chinese-making-a-power-play-in-nicaragua-with-new-canal/

 

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