Wisconsin stores among dozens of Walmart closures

“I just want to be able to come from work and stop for a few minutes and then head home, but now it’s going to take me a little bit longer”, said shopper Elvis Holden. He said the company will also be more heavily focused on its e-commerce business, as online marketplaces like Amazon continue to flourish.

Walmart is shuttering many stores around the world and the one located in Baltimore City is shuttering too.

Is the Walmart brand as relevant as it once was? The retailer will open more than 300 stores globally next year, he said, though Wal-Mart is slowing its new-store growth in the US, where it operates about 4,600 stores.

It wasn’t but a year ago that Walmart set up shop in quiet Clever.

Has Walmart lost its way?

The neighborhood markets began as an experimental project in 1998. Indiana Trust & Investment Management Company increased its position in Wal-Mart Stores by 0.9% in the fourth quarter. “You’d figure that they would have the money to retool the offer and get it right, but instead they have bailed”.

Worker advocates said they fear this could be the beginning of a slew of cuts. Express stores average about 12,000 square feet compared to Walmart Supercenters at 182,000 square feet and the roughly 38,000-square-foot Neighborhood Markets, which are created to rival traditional grocery stores. “While we learned a lot from the pilots … we decided not to proceed with that offering”. The concept never caught on as the stores served the same quick-trip objective as Walmart’s larger Neighborhood Markets. The officials said that they did not feel confident that the planned stores would generate healthy sales volume. But they have failed to make significant inroads or generate enough returns in the face of cutthroat competition from dollar stores and other discounters.

“We’re assessing options and looking at everything”, he said.

Representatives from Walmart say approximately 16,000 employees will be affected.

“We’re particularly pleased with the results in fresh, where we brought in new products, developed strong price leadership through strategic buys and promoted locally sourced and organic products“.

Wal-Mart is merging an Arkansas-based division that develops computer systems for its stores with a fast-growing technology unit in Silicon Valley, aiming to hasten its move to compete in the online era. While Walmart announced plans for that store before the Walmart Express, it didn’t open until 2013.

The stores closing in East Texas are Walmart Express stores, a smaller version of the Neighborhood Markets. “We will also open 200 to 240 stores internationally”. The “mini” versions of Walmart stores started going up in 2011. Wal-Mart, which operated 558 stores in Brazil before the closures, has struggled as the economy there has soured.

Microsoft is making a change in its Windows support policies that will affect those in the market for new PCs who aren’t yet ready to go with Windows 10.