FORT_1170x120_9-15-20

store closings

Report: COVID-19 to boost store closures

Report: COVID-19 to boost store closures

NEW YORK — Expect the pace of store closures to pick up this year, thanks to the lingering effects of the COVID-19 pandemic. That’s the forecast from the 2020 US Store Closures Outlook report released on Tuesday by Coresight Research. The report updates Coresight Research’s previous estimate to reflect the impact of the coronavirus on

Walmart to close 269 stores, including 154 in U.S.

Walmart to close 269 stores, including 154 in U.S.

BENTONVILLE, Ark. — Walmart on Friday announced plans to close 269 stores worldwide, including all 102 of its small-format Walmart Express stores in the United States. The company said the move is a result of a review of the nearly 11,600 stores in its global portfolio. That review, announced in October, was intended to ensure