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Walmart has announced more store closures by February 2024

Walmart has announced more store closures by February 2024

Two Walmart stores are scheduled to open in California Closes next February 9. These two branches are located on Imperial Avenue in San Diego and the other on Fletcher Parkway in El Cajon. Operations will stop Due to building rental costs.

This decision affects a total of 357 employees, who will have the opportunity to move to another location in the chain.

Since last year, Walmart has implemented a closure strategy. In 2023, the chain closed 22 stores in 14 states.

Nationally, the company still has more than 4,600 points of sale.

The closures in San Diego are due to the failure to reach an agreement with landlords, which prompted the company to do so Not renewing their contracts rent.

Brian K said: Little, Walmart's director of communications, said he was grateful to customers for the support at these branches, and stressed the commitment to continue providing service through the other stores they have in the area, as well as through and through their online platform. Home delivery.

Employees affected by the closure – who are they? 125 in San Diego and 232 in El Cajon -You will have the option to transfer to other Walmart branches.

This step is in addition to the adjustments the company is making in response to its financial performance and negotiations with the owners of the properties where its stores are located.

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