LIST: Wal-Mart closing 269 stores, 154 U.S. locations

News
walmart_74821

NEW YORK (AP) — Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market.

The stores being shuttered account for a fraction of the company’s 11,000 stores worldwide and less than 1 percent of its global revenue.

More than 95 percent of the stores set to be closed in the U.S. are within 10 miles of another Wal-Mart. 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.

The announcement comes three months after Wal-Mart Stores Inc. CEO Doug McMillon told investors that the world’s largest retailer would review its fleet of stores with the goal of becoming more nimble in the face of increased competition from all fronts, including from online rival Amazon.com.

“Actively managing our portfolio of assets is essential to maintaining a healthy business,” McMillon said in a statement. “Closing stores is never an easy decision. But it is necessary to keep the company strong and positioned for the future.”

Wal-Mart operates 4,500 in the U.S. Its global workforce is 2.2 million, 1.4 million in the U.S. alone.

Wal-Mart has warned that its earnings for the fiscal year starting next month will be down as much as 12 percent as it invests further in online operations and pours money into improving customers’ experience.

Of the closures announced Friday, 154 locations will be in the U.S., including the company’s 102 smallest-format stores called Wal-Mart Express, which were opened as a test in 2011.

Wal-Mart Express marked the retailer’s first entry into the convenience store arena. The stores are about 12,000 square feet and sell essentials like toothpaste. But the concept never caught on as the stores served the same purpose as Wal-Mart’s larger Neighborhood Markets: fill-in trips and prescription pickups.

Also covered in the closures are 23 Neighborhood Markets, 12 supercenters, seven stores in Puerto Rico, six discount stores and four Sam’s Clubs.

Wal-Mart will now focus in the U.S. on supercenters, Neighborhood Markets, the e-commerce business and pickup services for shoppers.

The retailer is closing 60 loss-making locations in Brazil, which account for 5 percent of sales in that market. Wal-Mart, which operated 558 stores in Brazil before the closures, has struggled as the economy there has soured. Its Every Day Low price strategy has also not been able to break against heavy promotions from key rivals.

The remaining 55 stores are spread elsewhere in Latin America.

Wal-Mart said that it’s still sticking to its plan announced last year to open 50 to 60 supercenters, 85 to 95 Neighborhood Markets and 7 to 10 Sam’s Clubs in the U.S. during the fiscal year that begins Feb. 1. Outside the U.S., Wal-Mart plans to open 200 to 240 stores.

The financial impact of the closures is expected to be 20 cents to 22 cents per diluted earnings per share from continuing operations with about 19 cents to 20 cents expected to affect the current fourth quarter. The company is expected to release fourth quarter and full year results on Feb. 18.

Shares of Wal-Mart Stores Inc. fell $1.12, or 1.7 percent, to 61.94 in morning trading.

The following is a list from Walmart.com.Walmart Express

#2173: 14331 Count Rd. 99, Headland, AL

#2524: 5502 Monterey Hwy, San Jose, CA

#2011: 18 Apple Way, Ashford, AL

#2949: 151 E 5th St., Long Beach, CA

#2165: 952 E. Lawrence Harris Hwy, Slocomb, AL

#5457: 8400 Edgewater Drive, Oakland, CA

#2186: 407 West Washington St., Abbeville, AL

#2960: 4101 Crenshaw Blcd., Los Angeles, CA

#2235: 6361 Hwy 72 East Gurley, AL

#3507: 2701 Port Covington Drive, Baltimore, MD

#2260: 87395 US Hwy 278, Snead, AL

#3496: 5825 W Hope Ave., Milwaukee, WI

#3769: 3530 Cathedral Caverns Hwy, Grant, AL

#3779: 10188 Hwy 431 South, New Hope, ALSupercenter

#2498: 720 N Hwy 71, Mansfield, AR

#3814 6525 Glacier Hwy, Juneau, AK

#2578: 3500 Mulberry Hwy 64 W, Mulberry, AR

#763: 7201 Aaron Aronov Drive, Fairfield, AL

#2601: 814 W. Main, Charleston, AR

#4584: 10400 Highland Rd., Hartland, MI

#2669: 1531 E Hwy 64, Coal Hill, AR

#4369: 1010 Martin Luther King Pkwy., Durham, NC

#3819: 8848 N Hwy 59, Van Buren, AR

#2837: 4350 N Nellis Blvd., Las Vegas, NV

#3878: 5 Hwy 124 West, Damascus, AR

#4342: 22209 Rockside Rd., Bedford, OH

#4217: 154 E Roller, Decatur, AR

#2606: 721 US Hwy 321 BYP S Unit, Winnsboro, SC

#3032: 905 S Gentry Blvd, Gentry, AR

#883: 14091 FM 490, Raymondville, TX

#3033: 800 1st Ave SE, Gravette, AR

#5493: 7480 Padre Island Hwy, Brownsville, TX

#3034: 881 W Buchanan, Prairie Grove, AR

#5478: 8201 N FM 620, Austin, TX

#3358: 1113 S.R. 20, Interlachen, FL

#597: 7075 FM 1960 Rd W, Houston, TX

#4265: 1209 East Wade St., Trenton, FL

#3811: 61 Plaza Drive, Kimball, WV

#4267: 15726 SE Hwy 19 Cross City, FL

#4228: 560 S. Broad St., Ellaville, GANeighborhood Market

#4229: 1041 S US Hwy 1, Alma, GA

#5783: 117 Audubon Drive, Maumelle, AR

#4234: 155 West Washington Ave., Ashburn, GA

#5642: 2408 Lincoln Ave., Altadena, CA

#4251: 398 Barrow Ave SW, Pelham, GA

#5688: 6820 Eastern Ave., Bell Gardens, CA

#4254: 907 Marianna Hwy, Donalsonville, GA

#3086: 701 W Cesar E Chavez Ave., Los Angeles, CA

#4261: 290 Albany Ave. West, Pearson, GA

#5690: 2045 E Highland Ave., San Bernardino, CA

#4263: 142 S. Valdosta Road, Lakeland, GA

#4173 12120 Carson St., Hawaiian Gardens, CA

#3065: 3636 N Broadway St., Chicago, IL

#5002, 8196 West Bowles Ave., Littleton, CO

#3039: 225 W Chicago Ave., Chicago, IL

#3021: 2253 S Monaco Pkwy., Denver, CO

#3369: 900 East Ross Ave., Clearwater, KS

#2303: 333 N Main St., West Hartford, C

#4353: 505 Housatonic St., Burlington, KS

#5856: 601 N West St. STE 100, Wichita, KS

#4360: 705 N High School Ave., Columbus, KS

#5860: 9831 E Harry St., Wichita, KS

#4361: 1105 East 15th St., Ellsworth, KS

#5873: 4794 E 13th, Wichita, KS

#4362: 120 West Rosewood St., Rose Hill, KS

#3097: 8235 SW Apple Way, Portland, OR

#4651: 605 Orchard Drive, Hillsboro, KS

#5995: 17711 Jean Way, Lake Oswego, OR

#3755: 1445 Old Highway 13, Mamou, LA

#3306 1220 Gallatin Ave., Nashville, TN

#4634: 1506 Main St., Colfax, LA

#3171: 2218 Greenville Ave., Dallas (Greenville), TX

#3753: 620 North Hwy 26, Lake Arthur, LA

#3451: 2740 Gessner Rd., Houston, TX

#3815: 501 West Hwy 90, Iowa, LA

#5985: 2201 West Southlake Blvd., Southlake, TX

#3839: 9181 Hwy 67, Clinton, LA

#4126: 1901 S. Texas Ave., Bryan, TX

#3849: 920 Avenue G, Kentwood, LA

#5986: 4268 Legacy Drive, Frisco, TX

#3879: 1495 Obrie St., Zwolle, LA 1/28/20

#3030: 3850 N 124th St., Wauwatosa, WI

#4647: 515 3rd St., Independence, LA

#3031: N88W15559 Main St., Menomonee Falls, WI

#4269: 224 E Hwy 76, Anderson, MO

#5698: S14W22605 Coral Drive, Waukesha, WI

#4270: 508 N Cliffside Dr., Noel, MO

#4282: 33597 State Hwy 112, Seligman, MOAmigo

#4289: 414 N Elm, Clever, MO

#2343: 7B Calle Munoz Rivera, Villalba, PR

#3856: 410 2nd St., Belmont, MS

#2347: Bo Salto Arriba, Utuado, PR

#3863: 2795 Hwy 371 N, Mantachie, MS

#2342: PR 14, Parque Industrial, Coamo, PR

#3865: 420 E Lee St., Sardis, MS

#3667: 1 Ave Monserrate STE 1, Carolina, PR

#3866: 28191 Hwy 15, Walnut, MS

#3684: Carr 180 KM 0 HM 2, Salinas, PR

#4294: 519 W Veterans Ave., Derma, MS

#3689: Centro Com Rio Grande State, Rio Grande, PR

#4296: 7104 Will Robbins Hwy, Nettleton, MS

#3697: Carr 165 KM 4.7, Toa Alta, PR

#3211: 509 Dr. Donnie H. Jones Blvd W, Princeton, NC

#3249: 511 N Mckinley St., Coats, NCSam’s Club

#5024: 6043 US Hwy 301 S, Four Oaks, NC

#4903: 941 Grinnell St., Fall River, MA

#3257: 112 N Main St., Broadway, NC

#6648: 1110 Fall River Ave., Seekonk, MA

#5015: 908 E. 4th Ave., Red Springs, NC

#6665: 495 Summit Drive, Waterford, MI

#5017: 7670 Clinton Rd., Stedman, NC

#6681: 25 Pace Blvd., Warwick, RI

#7207: 1400 B Broad St., Oriental, NC

#5138: 702 S. Wall St., Benson, NC

#2500: 945 Monroe St., Carthage, NC

#2573: 303 S. Goldsboro St., Pikeville, NC

#6997: 632 W Swannanoa Ave., Liberty, NC

#3007: 139 N Hwy 49, Richfield, NC

#3036: 1593 NC Hwy 86 N, Yanceyville, NC

#3037: 905 SE 2nd St., Snow Hill, NC

#3080: 182 NC 102 W, Ayden, NC

#3121: 189 Hickory Tree Rd., Midway, NC

#3756: 124 E. Columbia St., Okemah, OK

#4633: 19250 E Hwy 66, Luther, OK

#2456: 2310 West Main, Prague, OK

#2462: 1600 West Hwy 66, Stroud, OK

#3766: 2324 Seran Drive, Wewoka, OK

#3767: 812 N Clarence Nash Blvd., Watonga, OK

#1250: 9032 Hwy 14, Gray Court, SC

#3798: 7013 S Pine St., Pacolet, SC

#2375: 4718 Nashville Hwy, Chapel Hill, TN

#2413: 523 N Military St., Loretto, TN

#4301: 400 North Main St., Cornersville, TN

#4306: 934 Hwy 79, Dover, TN

#2345: 721 Dale Evans Drive, Italy, TX

#2349: 221 S State Hwy 274, Kemp, TX

#2363: 504 W Pine St., Edgewood, TX

#2364: 301 Hwy 69 S, Whitewright, TX

#2410: 122 Commercial Ave., Anson, TX

#2461: 1003 Telephone Cir., Merkel, TX

#2779: 5 N 14th St., Haskell, TX

#2863: 1010 N Main St., Winters, TX

#3820: 501 N Main, Godley, TX

#3822: 416 N Third St., Grandview, TX

#3832: 420 S US 69, Leonard, TX

#3834: 428 N Dallas St., Palmer, TX

#4312: 440 E Pine St., Frankston, TX

#4316: 1787 US Hwy 259 S, Diana, TX

#4320: 1005 Texas Avenue E, Waskom, TX

#4327: 870 Taylor St., Hughes Springs, TX

#4331: 914 North Main St., Lone Star, TX

#4338: 504 WL Doc Dodson, Naples, TX

#4343: 12522 Fm 1840, Dekalb, TX

#4345: 114 Redwater Boulevard West, Maud, TX

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Don't Miss

More Don't Miss