Walmart has informed its staff about the imminent closure of several of its stores in the United States, a decision driven by poor financial performance. If you’re a customer of this retail chain, here’s a list of the locations that will be closing so you can be prepared.
Why is Walmart closing stores in 2025?
According to the company, the drop in sales and the increasing competition from e-commerce led to this decision, as the stores have become “unprofitable” due to inflation and the shift in consumer habits toward online shopping.
The company experienced significant losses in areas where its stores were too close to one another, negatively affecting sales performance in those zones.
How many stores will Walmart close?
Five stores will be closing across the country.
ALSO READ Where do Mexicans buy their clothes? Benchmark
Which stores will Walmart close?
The confirmed store closures are located at the following addresses:
- San Diego: 2121 Imperial Avenue, San Diego, CA 92102
- El Cajón: 605 Fletcher Parkway, El Cajón, CA 92020
- West Covina: 2753 E. Eastland Center Dr., West Covina, CA 91791
- Fremont: 40580 Albrae Street, Fremont, CA 94538
- Granite Bay: 4080 Douglas Boulevard, Granite Bay, CA 95746
What will happen to the employees at the closing Walmart stores?
The recent decision to close five stores has raised concerns, as it is estimated to impact around 1,500 employees.
Affected workers face an uncertain future, as they have been offered two options: accept a severance package that includes assistance in finding new jobs and training programs, or relocate to another nearby Walmart store.
How many Walmart stores are there in the United States?
As of 2024, Walmart has 4,599 stores in the United States. The state with the most Walmart locations is Texas, with a total of 514 stores, representing about 11% of all the company’s stores in the country.
How many Walmart stores will open in 2025?
Here are the new locations that will open this year:
- Mountain View, California
- Eastvale, California
- Cypress, Texas
- Frisco, Texas
- Melissa, Texas
- Celina, Texas
The company also plans to open new locations for its Neighborhood Markets. These smaller stores are designed to meet the specific needs of local communities. In 2025, the new locations will be:
- Tuscaloosa, Alabama
- Milton, Florida
Who owns Walmart?
61 years ago, the company opened its first store in Rogers, Arkansas, when its founder, Sam Walton, implemented an innovative retail formula that would eventually transform the lives of millions of people worldwide.
Today, the Walton family owns approximately 45 percent of the shares through the trust and its main investment vehicle, Walton Enterprises.
How much does Walmart sell in the United States?
The net sales of the retail giant grew steadily until last year, when the highest figure was recorded, reaching approximately $642.6 billion.
What is the best-selling item at Walmart?
For several years, bananas have been the top-selling product at the store. Although the retail giant does not share exact figures on the number of bananas sold, it is estimated to be considerable, given that more than 200 million people shop at Walmart stores worldwide each week.
How many Walmart stores are there worldwide?
The company has more than 10,500 stores and clubs in 26 countries, operating under 46 different names.
