US Markets Loading... h m s
Newsletters
Retail
- Walmart has announced closures for nine locations across five states in 2024 so far.
- The company cited financial underperformance as the reason for the decisions.
- The company plans to open or begin construction on 14 new locations this year.
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview
Thanks for signing up!
Access your favorite topics in a personalized feed while you're on the go.
Advertisem*nt
Walmart will close Neighborhood Markets in Aurora, Colorado, and Milwaukee, Wisconsin, as well as a Bay Area store, bringing the number of confirmed closures so far this year to nine.
Layoff notices filed with the states of Colorado, Wisconsin, and California follow the closures earlier this year of four stores in California, one in Maryland, and one in Ohio. In those cases, the company said the stores were not meeting financial performance expectations.
"We are grateful to the customers who have given us the privilege of serving them at our San Diego and El Cajon stores," Walmart spokesperson Brian Little said in a statement to Business Insider in January. "We look forward to continuing to serve them at any of our many locations across the area, on Walmart.com, and through delivery to their home or business."
In each case, the company said workers are eligible for transfer to another location, and Walmart will continue to operate over a dozen stores and warehouse clubs in each local market.
Advertisem*nt
Walmart had over 4,600 retail locations in the US at the beginning of May, a figure that includes 3,559 Supercenters, 357 discount stores, and 673 Neighborhood Markets. It also owns nearly 600 Sam's Club warehouses.
In May, the company opened the first two new Neighborhood Market locations — one in Georgia and one in Florida — with plans for a dozen more locations across the US this year. Four of this year's new locations will be in Texas, with three in the Dallas area and one near Houston, the Dallas Morning News reported.
Walmart said in January it will build or up-size more than 150 stores in the next five years in total, and some 650 locations will be renovated to the brand's "Store of the Future" concept.
Related stories
Last year, Business Insider tracked the closures of at least 22 Walmart locations across the US, includingfour in Chicago. Financial performance was cited in those cases as well.
Advertisem*nt
Here are the latest Walmart closings:
California:
- 2121 Imperial Ave. in San Diego
- 605 Fletcher Parkway in El Cajon
- 2753 E. Eastland Center Dr. inWest Covina
- 4080 Douglas Blvd inGranite Bay (Neighborhood Market)
- 40580 Albrae St. in Fremont
Colorado
- 10400 E Colfax Ave. in Aurora
Maryland:
- 1238 Putty Hill Ave inTowson
Ohio:
- 3579 S. High St. in Columbus
Advertisem*nt
Wisconsin
- 7025 W Main St. in Milwaukee (Neighborhood Market)
Here are the confirmed new locations:
Georgia:
- Martin Luther King Jr. Drive in Atlanta (Neighborhood Market)
Florida:
- U.S. Highway 98 East in Santa Rosa Beach (Neighborhood Market)
Texas
- Preston Road in Celina (Dallas area)
- 16600 FM 423 in Frisco (Dallas area)
- McKinney Street in Melissa (Dallas area)
- 8927 Fry Road in Cypress (Houston area)
Advertisem*nt
8 additional locations are planned to be announced this year.
Do you work or shop at one of the Walmart stores above and want to share your thoughts? Contact reporter Dominick Reuter from a non-work email at dreuter@businessinsider.com or call/text/Signal at 646.768.4750.
Read next
Watch: Walmart shooter started the massacre in a staff break room
Advertisem*nt
