It does make sense.
The 300 stores are not all in the USA but are included globally.
Within the USA, for example, 154 stores are closing.
I don't think I have ever visited a 'Walmart Express' but that seems to be pilot stores they
opened in 2011. Apparently that didn't work out too great and they are closing those.
I also heard the stores they're closing down within the USA, are within ten miles of another
Walmart. That they are closing down several super centers but for the most part it is smaller
They intend to open new stores but those will all be super centers. They're also placing more
focus on pick up services, food services and ...... online services. More people shopping online
so that makes sense.
In the state of Tennessee, I noticed they are closing 5 stores. I live in TN so I took more notice
to that. When you think about the USA, all the states, and then globally with stores located in
other countries, 154 stores closing is not a huge amount in regards to what they have and in
regards to them opening 300 new super centers.
So, at first glance it's bad because people will lose jobs. At second glance, more jobs will be
created because twice as many stores will open and larger stores at that.
Still, I do feel for those that are going to be out of a job during their closing process.