Walmart Closing 154 US Stores

And more worldwide
By Evann Gastaldo,  Newser Staff
Posted Jan 15, 2016 12:34 PM CST
Walmart Closing 154 US Stores
People walk in front of a yet-to-open Walmart Express store in Gentry, Ark., Thursday, June 2, 2011.   (AP Photo/Chuck Bartels)

In an attempt to boost struggling finances, Walmart is closing 269 stores—154 of them in the United States. Two-thirds of the US stores to be closed are smaller "Walmart Express" locations, KTLA reports; 12 are Walmart Supercenters and four are Sam's Club stores. Most of the stores being closed are within 10 miles of another Walmart and are not performing well—and Walmart still plans to open 300 new stores globally by 2017.

The just-announced closings will affect 10,000 employees in the US, who will either be moved to other Walmarts or provided with 60 days' pay and training to help find a new job. To see a complete list of store closings, click here. (More Walmart stories.)

Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.