mick silver
18th January 2016, 10:58 AM
WALMART CLOSINGSWalmart closing 154 US stores, but none are in Southwest Florida
By Maggie Menderski
Published: Friday, January 15, 2016 at 6:40 p.m.Last Modified: Friday, January 15, 2016 at 6:40 p.m.
Walmart on Friday announced plans to close 269 stores, but the 14 in the Sarasota-Bradenton area were not among them.
More than half of the closing stores, 154, are in the U.S. The closures will affect 16,000 workers, 10,000 of them in the U.S.
The Bentonville, Arkansas, company said it is working to ensure that workers are placed in nearby stores. More than 95 percent of the U.S. stores set to be closed are within 10 miles of another Walmart. The closings will begin at the end of the month.
Three Florida stores, all rural Walmart Express sites, in Interlachen, Trenton and Cross City, are on the list to be closed.
The closings account for a fraction of the retail giant’s 11,000 worldwide and less than 1 percent of its global revenue.
Locally, Walmart operates four stores in Sarasota, three in Bradenton and one in Lakewood Ranch. The chain also has stores in Osprey, Port Charlotte, Palmetto, Venice, North Port and Englewood.
The bulk of the U.S. closures were the 102 stores operating under the chain's convenience store concept, Walmart Express. Those stores are about 12,000 square feet and sell essentials such as toothpaste. The concept never caught on as the stores served the same quick-trip purpose as Walmart's larger Neighborhood Markets.
The Sarasota area does not have any Walmart Express stores.
Also closing are 23 Neighborhood Markets, 12 supercenters, seven stores in Puerto Rico, six discount stores and four Sam's Clubs.
Walmart will now focus in the U.S. on supercenters, Neighborhood Markets, its e-commerce business and pickup services for shoppers.
Three of the Walmart stores in the Sarasota area are Neighborhood Markets, and a fourth is slated to open Jan. 27 at 1100 S. Main St. in North Port. The other stores are supercenters.
— Information from the Associated Press was used in this report
Walmart closing 154 US stores, but none are in Southwest Florida (http://www.heraldtribune.com/article/20160115/article/www.heraldtribune.com/article/20160115/article/160119713)By Maggie Menderski
http://gold-silver.us/forum/newreply.php?do=postreply&t=87251
HeraldTribune.com (http://www.heraldtribune.com/article/20160115/article/www.heraldtribune.com)January 15, 2016 6:40 PM<p><p>Walmart on Friday announced plans to close 269 stores, but the 14 in the Sarasota-Bradenton area were not among them.</p><p>More than half of the closing stores, 154, are in the U.S. The closures will affect 16,000 workers, 10,000 of them in the U.S.</p><p>The Bentonville, Arkansas, company said it is working to ensure that workers are placed in nearby stores. More than 95 percent of the U.S. stores set to be closed are within 10 miles of another Walmart. The closings will begin at the end of the month. </p><p>Three Florida stores, all rural Walmart Express sites, in Interlachen, Trenton and Cross City, are on the list to be closed.</p><p>The closings account for a fraction of the retail giant's 11,000 worldwide and less than 1 percent of its global revenue. </p><p>Locally, Walmart operates four stores in Sarasota, three in Bradenton and one in Lakewood Ranch. The chain also has stores in Osprey, Port Charlotte, Palmetto, Venice, North Port and Englewood. </p><p>The bulk of the U.S. closures were the 102 stores operating under the chain's convenience store concept, Walmart Express. Those stores are about 12,000 square feet and sell essentials such as toothpaste. The concept never caught on as the stores served the same quick-trip purpose as Walmart's larger Neighborhood Markets.</p><p>The Sarasota area does not have any Walmart Express stores.</p><p>Also closing are 23 Neighborhood Markets, 12 supercenters, seven stores in Puerto Rico, six discount stores and four Sam's Clubs.</p><p>Walmart will now focus in the U.S. on supercenters, Neighborhood Markets, its e-commerce business and pickup services for shoppers.</p><p>Three of the Walmart stores in the Sarasota area are Neighborhood Markets, and a fourth is slated to open Jan. 27 at 1100 S. Main St. in North Port. The other stores are supercenters.</p><p><em>— Information from the Associated Press was used in this report</em></p></p><!-- Nothing to do. The paragraph has already been output -->
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