Monday, September 25, 2023

Walmart reactivates closures and announces store reductions in 2024: where

During 2023 we saw how one of the largest American companies in the world, Walmart, announced the closure of twenty of its stores in the United States due to poor performance. And when we thought that there were no more reductions to announce, the retail store surprised everyone and targeted more installations. They will close permanently in 2024.

A Walmart spokesperson recently confirmed to US media that the branch is located in Norwalk, Connecticut, will definitely be cancelled. The pharmacy inside the store is also closed.

“We are grateful to the customers who have given us the privilege of serving them at our Connecticut Avenue location,” Walmart said. “We look forward to serving you at our Main Avenue Supercenter and other stores in the surrounding communities and (online),” he added.

For those who usually go to this store to shop, they can continue to do so for several months, because Closing is planned for 2024. In the event that this branch is no longer available, there are other locations nearby to assist you with your purchases.

Regarding the destination of the employees, the American company said that it will work to transfer those who want to do it in neighboring branches. Those who cannot be accommodated, Until December they will be paid their salary and then they will be given compensation. In January 2024, the store will no longer be available.

“These stores lose tens of millions of dollars a year, and their annual losses have almost doubled in the last five years alone,” Walmart admitted in a press release sent a few months ago. .

The United States said to be affected by the closings of Walmart branches are:

  • Chicago
  • Oregon
  • Connecticut
  • Georgia
  • Kentucky
  • Pennsylvania
  • Illinois
  • New Mexico
  • Arkansas
  • Florida
  • Hawaii
  • Indiana
  • Kansas
  • Minnesota
  • Texas
  • Washington
  • Wisconsin

The store closings have been called the “retail apocalypse” in the media. Walmart is not the only one that has had to close some of its branches, Target has also done so, albeit to a much lesser extent, as well as Walgreens and CVS.

Nation World News Desk
Nation World News Desk
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