The company ends a multi-year experiment aimed at improving services in the direction of e-commerce.
Retail giant Walmart announced the imminent closure of two stores focused on delivery and pickup services. Thus, the company ends a multi-year experiment aimed at improving services in the direction of e-commerce.
Stores in Bentonville, Arkansas, and Lincolnwood, Illinois, are to be closed. In addition, Walmart has decided to close several standard outlets in New Mexico, Florida and Wisconsin due to poor financial performance. The outlets will cease operations by March 10.
The company, which is growing the world's largest retailer, has realized there is no need for dedicated delivery-oriented stores. Over the years, the retailer has added this feature to several thousand traditional outlets.
However, Walmart promises to "continue to innovate its pickup and delivery services to best serve customers," the statement said.
The e-commerce-focused stores operated in a scaled-down format of 25,000 and 42,000 square feet versus 150,000 to 200,000 square feet for the average Walmart retail center.
16 FEBRUARY 2023, USA
Ingka Centres opens first meeting place in northwest China
Uniqlo opens a new flagship in central London
Adidas raises earnings guidance as sales exceed expectations
Central Group acquires German department store KaDeWe
Meet Saluhall, the first plant-forward food hall in San Francisco
Lacoste triumphs in trademark lawsuit against Cartelo
Apple opens its second-largest store in the world 
Coach files trademark complaint against Old Navy 
Ingka opens unique culinary development in downtown San Francisco 
Amazon removes Just Walk Out tech from all of its stores in the US 
McDonald's to acquire franchised stores in Israel