Wal-Mart closing hundreds of stores across U.S. and Brazil starting next month

January 15, 2016 3:34 PM

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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.

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