Walmart isn't immune to the retail apocalypse, at least in certain regions. Several big-box retailers closed permanently in the spring.
Louisville, Kentucky, Forest Park, Ohio, and Bellevue, Washington Walmarts closed in April. Guilford, Connecticut, and Mayfield Heights, Ohio, businesses closed in May.
Walmart stated these stores were "underperforming," but the closures aren't part of a broader trend. Actively managing our portfolio is key to a thriving company.
Case-by-case, after careful assessment. More Walmart locations are shutting, but not permanently.
As of Sept. 30, the big-box retailer's website lists 120 shuttered shops and clubs. Georgia and South Carolina have had recent closures.
Walmart shops in Peachtree City, Savannah, and Myrtle Beach, Charleston, and Beaufort are temporarily closed.
Hurricane Ian has shuttered most Walmart locations. The Category 4 hurricane made landfall in Florida on Sept. 28 and is currently headed towards South Carolina.
Walmart shuttered 170 shops and Sam's Clubs in Florida on Sept. 28 "out of concern for workers and customers. More than 240 outlets were shuttered on Sept. 29.
Walmart hasn't said when Florida shops would reopen. Many Walmart sites in the state have reopened, according to the retailer's store status map.
Walmart released a statement Sept. 29 on Hurricane Ian's effect on Florida. Many of the company's employees, customers, and members in Florida are affected by Hurricane Ian.
"Walmart colleagues are working with state authorities and first responders to help affected areas. We'll keep helping our Florida neighbours "business reported.