Walmart Closing Batch of Stores: See The List

Walmart is known for its vast network of retail stores and has been a prominent player in the retail industry for decades. Walmart plans to close 23 of its stores in 12 states across the US in 2023. 

The closures have been announced in recent months and generally include locations that are considered “underperforming.” This decision has raised concerns among employees, communities, and customers.

According to Reuters report, walmart is going to lay off about 200 people at a New Jersey distribution center and hundreds of more in Florida, Pennsylvania, California and Texas.

“Theft is an issue. It’s higher than what it has historically been,” McMillon told to CNBC. Prices “will be higher and/or stores will close,” McMillon said if Oregon authorities failed to address rampant shoplifting.

List of Walmart stores closing

Here is the full list of stores that have been closed or are set to close in 2023:

Arkansas

3701 SE Dodson Road, Bentonville (Pick-up only concept)

Georgia

1801 Howell Mill Road NW, Atlanta

835 MLK Jr. Drive. NW, Atlanta

Florida

6900 U.S. Highway 19 North, Pinellas Park (Neighborhood Market concept)

Hawaii

1032 Fort Street Mall, Honolulu

Illinois

17550 South Halsted St., Homewood

12690 S. Route 59, Plainfield

840 N. McCormick Blvd., Lincolnwood (Pick-up only concept)

1511 Camp Jackson Road, Cahokia

8431 S. Stewart Ave., Chicago

4720 S. Cottage Grove Ave., Chicago

2844 N. Broadway, Chicago

2551 W. Cermak Road, Chicago

Indiana

3701 Portage Road, South Bend

Kansas

10303 Metcalf Ave., Overland Park

Minnesota

1200 Shingle Creek Parkway, Brooklyn Center

New Mexico

301 San Mateo Blvd. SE, Albuquerque

Oregon

4200 82nd Ave. SE, Portland

1123 N Hayden Meadows Drive, Portland

Texas

24919 Westheimer Parkway, Katy (Neighborhood Market concept)

Washington

11400 Hwy. 99, Everett

Washington, D.C.

99 H St. NW, Washington

Wisconsin

10330 W. Silver Spring Drive, Milwaukee

Impact on employees and communities

The closure of Walmart stores has significant implications for both employees and the communities in which these stores are located.

Job losses

Store closures inevitably result in job losses for Walmart employees. The affected employees may face challenges in finding alternative employment, especially if the job market in their area is limited. Walmart's efforts to support affected employees through severance packages and job placement assistance are crucial in mitigating the impact of these closures.

Economic implications

Walmart store closures can have broader economic implications for the communities where they are situated. Local economies may experience a decrease in revenue and tax contributions, impacting public services and community development initiatives. The loss of a large retailer like Walmart can also affect neighboring businesses that rely on the foot traffic generated by the store.

Community development

Walmart has been known for its involvement in community development initiatives. The closure of stores can hinder the progress of these initiatives, as the company plays a vital role in supporting local organizations and events. The affected communities will need to find alternative ways to fill the void left by Walmart's absence and continue their development efforts.

Walmart's Response and future plans

In response to the store closures, Walmart has released statements emphasizing its commitment to adapt and grow in the evolving retail landscape. The company recognizes the need to focus on its online presence and e-commerce capabilities to meet the changing demands of consumers.

Walmart aims to leverage its vast network of stores strategically, integrating them with its online platforms to create a seamless shopping experience for customers. By combining the convenience of online shopping with the availability of physical stores, Walmart aims to offer customers the best of both worlds.

Conclusion

The closure of a batch of Walmart stores reflects the challenges faced by traditional retailers in an increasingly digital world. Factors such as theft, declining sales, the shift to e-commerce, changing consumer preferences, and intense competition have all played a role in these closures. While the impact on employees and communities is significant, Walmart is taking steps to adapt and focus on its online presence, ensuring a seamless shopping experience for customers.

As Walmart navigates these changes, it is essential for affected employees and communities to explore alternative opportunities and strategies for economic growth. By embracing innovation and supporting local businesses, communities can build resilience and thrive even in the face of retail store closures.