Walmart announces first store closings of 2024
Last year, Walmart announced a handful of closures involving mostly what the nation’s largest retailer described as “underperforming stores.”
The shutdowns are continuing in 2024, according to multiple media reports.
Walmart announced it will close two stores in San Diego County, California next month. One of the stores is a Walmart Neighborhood Market on Imperial Avenue and the other is a traditional Walmart location at Fletcher Parkway in El Cajon, the San Diego Tribune reported. The stores are closing Feb. 9.
The closures come after Walmart said it was unable to reach an agreement with property owners and opted not to renew the leases.
“We are grateful to the customers who have given us the privilege of serving them at our San Diego and El Cajon stores,” said Walmart Communications Director, Brian K. Little in an emailed statement to the Tribune. “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.”
Employees at the stores will have the opportunity to relocate to another Walmart store.
Last year, Walmart closed 20 stores across 11 states, including four in Chicago, due to poor financial performance.
There are more than 4,616 Walmart stores located across the U.S.