Walmart Closes More Stores: What It Means for Employees and Communities

Juilia Ruskin
4 Min Read

Walmart, one of the largest retail chains in the world, has been making some big changes. Recently, they announced the closure of three more stores, adding to several others closed this year. This article will explain why Walmart is making these changes, how it affects employees, and what the future holds for the company.

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Store Closures and Layoffs

Walmart has closed 11 stores this year and is now shutting down three more. The Workers Adjustment and Retraining Notification (WARN) databases show that Walmart issued new layoff notices for two stores in Georgia and one in Colorado.

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Details of the Layoffs:

  • Arapahoe/Douglas, Colorado: 141 employees laid off as of June 6.
  • Georgia: 92 employees in Marietta and 295 employees in Dunwoody will be laid off by September 20.

This means a total of 387 employees in Georgia and a combined total of 528 employees will lose their jobs in these two states.

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Impact on Employees and Communities

These layoffs will significantly impact unemployment rates in these areas. Earlier this year, Walmart closed four stores in California, one in Maryland, and one in Ohio, leading to 1,049 employees losing their jobs in places like Milwaukee, Wisconsin; Towson, Maryland; and Columbus, Ohio.

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Walmart stated that these closures were necessary because the stores were not meeting financial performance expectations. The company aims to improve its overall health by closing underperforming locations.

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Employee Transfers and Support

Walmart has offered affected employees the option to transfer to other locations. However, relocating may not be financially feasible for many workers, which is likely why many layoffs have been recorded.

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Walmart’s Expansion Plans

While Walmart is closing some stores, it is also expanding and remodeling others. The company plans to build or convert over 150 stores in the next five years. Additionally, Walmart will remodel 650 stores across 47 states and Puerto Rico within the next 12 months. These projects aim to update existing locations and create jobs.

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New Store Openings

The first new stores under Walmart’s expansion plan are located in Santa Rosa Beach, Florida, and Atlanta, Georgia. The Santa Rosa Beach store opened last month, and the Atlanta store started operations in May.

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Walmart’s recent store closures and layoffs are part of its strategy to eliminate underperforming locations and focus on expansion and remodeling plans. While these changes will impact many employees and communities, Walmart aims to create new job opportunities through its ambitious projects.

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1. Why is Walmart closing stores?

Walmart is closing stores that are not meeting financial performance expectations.

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2. How many employees are affected by the recent layoffs?

A total of 528 employees in Georgia and Colorado will lose their jobs due to recent store closures.

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3. Will Walmart help affected employees find new jobs?

Walmart has offered affected employees the option to transfer to other locations, but relocating may not be possible for everyone.

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4. Is Walmart opening any new stores?

Yes, Walmart is opening new stores, including ones in Santa Rosa Beach, Florida, and Atlanta, Georgia.

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5. What are Walmart’s future plans?

Walmart plans to build or convert over 150 stores in the next five years and remodel 650 stores across 47 states and Puerto Rico within the next 12 months.

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