The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Wal-Mart to Shut Hundreds of Stores, Including Express Locations

Wal-Mart Stores Inc. plans to close 269 stores, aiming to refocus on better-performing locations and its e-commerce site.

Bloomberg

15 January 2016

BENTONVILLE, United States — Wal-Mart Stores Inc. plans to close 269 stores, including 102 of its small-format Express outlets, aiming to refocus on better-performing locations and its e-commerce site.

The move includes 154 locations in the U.S., the Bentonville, Arkansas-based company said in a statement Friday. Overseas, the streamlining effort includes the closing of 60 money-losing stores in Brazil.

By Nick Turner; editor: John Lear.

In This Article

Topics

Retail

Organisations

Wal-Mart

Location

Bentonville, United States

Indie Brands Are Making This Fashion’s Biggest Olympics Ever

Canada, France and Ireland are among the countries working with home-grown fashion talent to create uniforms for their teams at this summer’s Olympic Games. For these small labels, it’s an unprecedented opportunity to capitalise on one of sports’ largest events.