That’s called being a business. If the stores aren’t performing, you shut them down. Sounds like another “nothing burger” for the left to downplay the yuge news of bonuses and wage increases by Walmart.
63 stores are a drop in the bucket for Walmart and sam's. they are on every corner like Starbucks. They close them and move them ten miles down the road all the time. Sometimes in the same city they have three or four or more of them.
Alaska is losing all of our SAMs. What a shame, I much prefer the them to Walmart proper. Luckily we still have Costco (which is a far superior company ALL around!)
Maybe people should stop ordering online? How can stores pay rent, buy stock, pay for electricity and employees if no one is shopping in these stores?
Walmart is not a good corporate neighbor. They build in small towns, get tax breaks, put locally-owned companies out of business, hire mostly part timers. Then when the tax breaks run out, and they figure out the area can't support them as wished, they close up shop and screw a huge number of people.
We have 3 here in my area....only one is closing but I understand why...its in an area of town where there is a lot of low income...crime rate is very high there too...its prolly best it is...
Sam's club has been closing in Massachusetts for the past year ,the built a new store in Fall River, Ma , and closed it 3 months later that was a year and a half , I think they realize people CAN'T afford to buy in bulk, as they use to , most are living pay check to pay check.
My husband (Sam's and Costco shopper) was informed of this many weeks ago from a COSTCO employee about our local Sam's possibly being closed..... we much prefer Costco anyway.
Don't most people buy online? I do. And now Walmart has where you can order your groceries online, pay and pick up at store. How convenient.
Not surprised really. That’s the buying-online effect. I don’t believe that most retailers aren’t gonna be around for long.