default-output-block.skip-main
BoF Logo

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.
By
  • Bloomberg

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

© 2023 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Retail
Chronicle the ‘Retail Apocalypse’ and emerging retail models, including DTC brands.




view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
Introducing The BoF Brand Magic Index
© 2023 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
Introducing The BoF Brand Magic Index