Walmart is closing 269 stores and laying off thousands of employees. The move will affect more than 16,000 employees, including 10,000 in the US. The closings include 154 locations in the US — 102 of which are the company’s smallest stores
Walmart is responsible for ruining a few thousand small towns with discount stores that drive local store owners out of business, and then the Walmart store closes and they the small town and move elsewhere.
The retailer said it still planned to open more than 100 US stores in the next year, including 50 to 60 Supercenters, 85 to 95 Neighborhood Markets, and seven to 10 Sam’s Club locations. Internationally, Walmart plans to open 200 to 240 stores within the next year.
Walmart– killer of small town America.