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...
03:17 Yankees Have Their Limits in Pursuing a Closer, Brian Cashman Says17
15:43 OPEC, non-OPEC agree to their first global oil pact since 200114
12:02 France Seeks To Extend State Of Emergency Until July: PM Bernard Cazeneuve14
02:11 Murdoch Pounces on Sky as Lower Pound Makes Takeover Cheaper8