Baku, January 18, AZERTAC
Walmart is closing 269 stores, more than half of them in the US and another big chunk in its challenging Brazilian market.
More than 95% of the stores set to be closed in the US are within 10 miles of another Walmart. The Bentonville, Arkansas, company said it is working to ensure that workers are placed in nearby locations.
The store closures will start at the end of the month, and many closures will be of the company’s Walmart Express stores: all 102 of them (out of the 154 locations to be shuttered in the US).