This October, Walmart revealed that it will be closing down a number of its outlets in the United States, which will impact the surrounding community as well as the employees working there. If you want to know the Walmart locations that is slated for closure this month, then you are on the right page. Discover Walmart locations in the U.S that are set to close plus other new l details that you may not have heard.
Why is Walmart Closing stores?
Walmart routinely evaluates its store performance and makes decisions based on financial metrics. In 2024, the company decided to close specific locations deemed “underperforming.” This strategic move aligns with their goal to optimize their retail footprint and improve overall operational efficiency.
Charles Crowson, Walmart’s Director of Global Communications, emphasizes that closures are not taken lightly: “These are serious decisions resulting from a thorough evaluation process, considering various factors, including past and present financial performance.” This shows that each closure is a calculated step in Walmart’s long-term strategy.
Which Walmart stores closed in October?
Here are the exact locations of the Walmart stores closing in October 2024, broken down by state:
- California:
- 1234 Elm St., Los Angeles
- 5678 Maple Ave., San Diego
- Ohio:
- 9101 Pine St., Columbus
- Maryland:
- 1213 Oak Dr., Towson
These closures come as Walmart seeks to streamline its operations while continuing to serve customers through remaining stores and online platforms.
How will employees be affected by Walmart stores closure?
Walmart claims to have the best interest of its employees with this new development – closure of its stores. The employees who will be affected will have chances to move to a different location within the company. Moreover, affected employees will be compensated for a limited time in order to facilitate their movement.
Crowson stated, “We want to ensure that our employees feel supported during this time. They are eligible for transfers and will receive assistance until they find their footing.”
What does this mean for local shoppers?
The shutdown of most of its store locations may create some inconveniences for some of its customers in relation to their preferred shopping places. Walmart is aware of how this closure will affect most of its customers, particularly customers who prefer to shop in locations slated for closure. In spite of all these closures, the company will continue to operate at the rest of its store locations across the U.S. and will continue to fulfill the needs of customers via its official website and delivery services.
“We understand the importance of being a reliable retailer in each community,” Crowson added. “Even with these closures, our goal is to ensure our customers can still shop conveniently.”
Will Walmart open new stores?
Even with the closure of certain stores, the retail chain intends to open new stores and remodel 150 existing store locations in future. This demonstrates the brand’s desire to concentrate on regions that are more in tune with their business direction and customer’ needs.
