Wal-Mart Stores Inc. plans to close 269 stores, including its experimental small-format Express outlets, in a push to streamline the chain that will eliminate 16,000 jobs.
The move by the largest private employer in the U.S. affects 154 locations domestically, according to a statement Friday. Overseas, the effort includes the closing of 60 money-losing stores in Brazil, a country where Wal-Mart has struggled. The plan will affect less than 1 percent of its total squar...
13:09 JCPenney shuttering up to 140 stores as sales weaken, more sluggish growth seen ahead17
19:58 Oscars Primer: What You Need to Know Before Tonight's Ceremony16
19:38 James Cameron Pays Tribute to Close Friend Bill Paxton: "Bill Leaves Such a Void"14
17:52 Google Assistant is coming to a lot more Android phones16