Walmart will shutter more than 250 stores worldwide and exit its Walmart Express small-store format entirely as the company adjusts to stiff competition from its online nemesis, Amazon.
Walmart said in a statement on Friday that it would close 269 stores globally, of which 154 would be in the United States. That is about 2 percent of Walmart’s global footprint of 11,600 stores, and 3 percent of its 5,310 locations in the United States. Those stores are scheduled to close by the end...
18:38 Thunder's Enes Kanter returning to U.S. after being detained at a Romanian airport13
21:32 Betsy DeVos hits hard reset on student loan servicing contracts13
15:53 This weekend awash in major freeway shut-downs19
09:45 This Startup Is Telling Everyday Investors It Will Be The Next Uber30