Post by Atticus Pizzaballa on Apr 2, 2023 12:07:08 GMT -5
Walmart to Close 15 Stores in April – Here’s the Full List
By
Kierstyn Cummando
on
April 2, 2023
in
All News, News
Walmart is officially closing 15 of its retail stores across 11 states this month, according to a report from Business Insider.
The mass closures include locations in Arkansas (1 store), Georgia (2), Florida (1), Hawaii (1), Illinois (3), Indiana (1), Minnesota (1), New Mexico (1), Oregon (2), Texas (1), Washington (1), Washington, D.C. (1), and Wisconsin (1).
At the Arkansas location in Bentonville, reports cited poor financial performance as the reasoning behind the rapid closures. Not only stores are affected either, Walmart will also include laying off hundreds of employees at five e-commerce fulfillment centers across the United States.
Here are the current stores that are set to be closed:
Arkansas
3701 SE Dodson Road, Bentonville (Pick-up only concept)
DC
99 H Street NW, Washington
Georgia
1801 Howell Mill Rd NW, Atlanta
835 M.L.K. Jr Dr NW, Atlanta
Florida
6900 US Highway 19 North, Pinellas Park (Neighborhood Market concept)
Hawaii
1032 Fort Street Mall, Honolulu
Illinois
17550 South Halsted St, Homewood
2690 S. Route 59, Plainfield
840 N. McCormick Blvd, Lincolnwood (Pick-up only concept)
Indiana
3701 Portage Road, South Bend
Minnesota
1200 Shingle Creek Pkwy, Brooklyn Center
New Mexico
301 San Mateo Blvd. SE, Albuquerque
Oregon
4200 82nd Ave. SE, Portland
1123 N Hayden Meadows Dr., Portland
Texas
24919 Westheimer Pkwy, Katy (Neighborhood Market concept)
Washington
11400 Hwy. 99, Everett
Wisconsin
10330 W. Silver Spring Dr, Milwaukee
Walmart announced earlier this month it’s two remaining Portland, Oregon locations would be closing due to high levels of theft, and were both included in this list.
Last year, the retail giant also closed two Ohio locations, one in Mayfield Heights and the other in Cincinnati, most likely for the same issues.
Recently, Walmart has been pushing for a more virtual presence, highlighting their online shopping features and delivery services. Walmart CFO John David Rainey stated earlier this month: “Today, the vast majority of our overall profits are attributable to in-store, brick-and-mortar in the U.S. If you fast forward five years, we are much less dependent on that as an income stream than some of these other faster-growing parts of our business.”
Walmart will instead focus more on third-party sellers active on Walmart.com, claiming that expanding e-commerce channels is central to Walmart’s strategy going forward, according to Rainey.
cordcuttersnews.com/walmart-to-close-15-stores-in-april-heres-the-full-list/
Wow surprise, surprise!!! Here is an interesting comment:
gsuburban
an hour ago
Walmart is just taking fair action against the lack of law enforcement with those stores that have high shop lifting losses. The cost and time to prosecute petty theft is not worth the high expense and when the police and courts charge the high costs they do, some folks will do as Walmart, leave town.
By
Kierstyn Cummando
on
April 2, 2023
in
All News, News
Walmart is officially closing 15 of its retail stores across 11 states this month, according to a report from Business Insider.
The mass closures include locations in Arkansas (1 store), Georgia (2), Florida (1), Hawaii (1), Illinois (3), Indiana (1), Minnesota (1), New Mexico (1), Oregon (2), Texas (1), Washington (1), Washington, D.C. (1), and Wisconsin (1).
At the Arkansas location in Bentonville, reports cited poor financial performance as the reasoning behind the rapid closures. Not only stores are affected either, Walmart will also include laying off hundreds of employees at five e-commerce fulfillment centers across the United States.
Here are the current stores that are set to be closed:
Arkansas
3701 SE Dodson Road, Bentonville (Pick-up only concept)
DC
99 H Street NW, Washington
Georgia
1801 Howell Mill Rd NW, Atlanta
835 M.L.K. Jr Dr NW, Atlanta
Florida
6900 US Highway 19 North, Pinellas Park (Neighborhood Market concept)
Hawaii
1032 Fort Street Mall, Honolulu
Illinois
17550 South Halsted St, Homewood
2690 S. Route 59, Plainfield
840 N. McCormick Blvd, Lincolnwood (Pick-up only concept)
Indiana
3701 Portage Road, South Bend
Minnesota
1200 Shingle Creek Pkwy, Brooklyn Center
New Mexico
301 San Mateo Blvd. SE, Albuquerque
Oregon
4200 82nd Ave. SE, Portland
1123 N Hayden Meadows Dr., Portland
Texas
24919 Westheimer Pkwy, Katy (Neighborhood Market concept)
Washington
11400 Hwy. 99, Everett
Wisconsin
10330 W. Silver Spring Dr, Milwaukee
Walmart announced earlier this month it’s two remaining Portland, Oregon locations would be closing due to high levels of theft, and were both included in this list.
Last year, the retail giant also closed two Ohio locations, one in Mayfield Heights and the other in Cincinnati, most likely for the same issues.
Recently, Walmart has been pushing for a more virtual presence, highlighting their online shopping features and delivery services. Walmart CFO John David Rainey stated earlier this month: “Today, the vast majority of our overall profits are attributable to in-store, brick-and-mortar in the U.S. If you fast forward five years, we are much less dependent on that as an income stream than some of these other faster-growing parts of our business.”
Walmart will instead focus more on third-party sellers active on Walmart.com, claiming that expanding e-commerce channels is central to Walmart’s strategy going forward, according to Rainey.
cordcuttersnews.com/walmart-to-close-15-stores-in-april-heres-the-full-list/
Wow surprise, surprise!!! Here is an interesting comment:
gsuburban
an hour ago
Walmart is just taking fair action against the lack of law enforcement with those stores that have high shop lifting losses. The cost and time to prosecute petty theft is not worth the high expense and when the police and courts charge the high costs they do, some folks will do as Walmart, leave town.