Walmart has announced some significant changes that will affect the brand and its store locations across the U.S. If you are wondering how the recent changes will affect you, here is what you need to know.
Why is Walmart laying off employees?
Walmart is restructuring to enhance its services, processes, and budget. This involves closing certain offices and consolidating operations to central hubs. For instance, the company is closing its office in Charlotte, North Carolina, resulting in the loss of hundreds of jobs. Some employees are being offered relocation to main centers in Bentonville, Arkansas, and Sunnyvale, California. Chief People Officer Donna Morris emphasized the importance of in-person collaboration, stating, “Our values and culture are strategic differentiators for us as a company, and they are fostered by being together.”
Which Walmart stores are closing in 2025?
Several underperforming Walmart stores are slated for closure before the end of 2025. Here’s a list of the affected locations:
- California:
- 2121 Imperial Avenue, San Diego
- 605 Fletcher Parkway, El Cajon
- 2753 E. Eastland Center Dr., West Covina
- 40580 Albrae Street, Fremont
- 4080 Douglas Boulevard, Granite Bay
- Colorado:
- 10400 E Colfax Ave, Aurora
- Georgia:
- 4725 Ashford Dunwoody Rd, Dunwoody
- 3101 Roswell Rd, Marietta
- Maryland:
- 1238 Putty Hill Ave, Towson
- Ohio:
- 3579 S. High St, Columbus
- Wisconsin:
- 7025 W. Main St, Milwaukee
These closures are primarily due to financial underperformance and a strategic shift towards more profitable locations.
How will these changes affect Walmart employees?
The restructuring will lead to job losses in certain areas. Affected employees have been notified and are being provided with support options, including relocation opportunities or severance packages. The company is focusing on unifying key capabilities to foster speed and shared understanding among its teams.
Is Walmart planning to open new stores?
Despite the closures, Walmart has announced plans to open new branches over the next five years in various parts of the United States. This indicates that while some locations are closing due to underperformance, the company is also investing in areas where it sees potential for growth.
What does this mean for Walmart shoppers?
As a customer, this means some of your local Walmart stores may be closed. However, Walmart will be building new locations and remodeling some locations to enhance customer experience in these locations. The brand also introduced fulfillment centers as a new element to help improve service delivery with increased efficiency.
Continue reading:
Goodbye to Walmart jobs – retailer cuts roles in corporate shake-up
