Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Walmart to Shut Down 269 Stores, Including 154 in US


March 19, 2020

Shoppers crowd a Wal-Mart Supercenter on Nov. 27, 2009 in Denver.

Walmart is closing 269 of its stores, including 154 locations in the United States, the company said today.

"Closing stores is never an easy decision, but it is necessary to keep the company strong and positioned for the future," said Doug McMillon, president and CEO of Wal-Mart Stores. The decisions were made after an analysis of the stores' financial performance and their alignment with the company's long-term goals, Walmart said in a news release.


Reader Comments

Mamasaun83 writes:

Ya, it figures! Another corporate America store that got sooo greedy, you open up God knows how any locations AND as soon as you see your not going to make millions profit, you bail out, like cowards, then leave all your mistakes empty with too many square feet for anyone else to move in and begin using. Way to set an example!! Jerks


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