How Many Stores Is Walmart Closing In 2024. The other stores closed this. The retail behemoth shut down just a handful of shops nationwide in 2022, but in 2023, the number of closures surged to nearly two dozen.
Walmart could be set to close stores this year according to a recent industry report on the retail giant’s plans for the next 12 months. Two stores in california and one store in maryland is closing, according to the business insider.
The Media Outlet Also Is Reporting That The Retailer Has Closed Three.
The retail superstore closed over 20 stores in 2023 and continues to shutter more in 2024.
Walmart Is Closing Down Three Stores By The End Of May, Bringing The Total Number Of Store Closures In 2024 To Eight.
Walmart said it makes decisions to close stores using several different factors—and as with other shuttered walmart locations, these stores haven’t met performance expectations.
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Closing Stores Can Be A Tough Decision No Matter What The Retailer, But Walmart's Proximity To A Majority Of The U.s.
According to the company’s website, walmart has over 4,600 retail locations in the united states, including 3,560 supercenters, 360 discount stores, and some 700.
Walmart Has Announced Closures For 11 Locations Across Six States In 2024 So Far.
The company cited financial underperformance as the reason for the decisions.