Walmart is shuttering 9 US locations in 2024. See the list. (2024)

FAQs

Walmart is shuttering 9 US locations in 2024. See the list.? ›

Economic pressure and inflation

One of the main reasons we're seeing so many stores shut down in 2024 is because of the challenging economic times and rising prices. With essential goods getting pricier and government benefits shrinking, it's hitting lower-income folks hard—and its affecting how they spend their money.

Economic pressure and inflation

One of the main reasons we're seeing so many stores shut down in 2024 is because of the challenging economic times and rising prices. With essential goods getting pricier and government benefits shrinking, it's hitting lower-income folks hard—and its affecting how they spend their money.

On December 6, 2017, Walmart announced that it would change its corporate name to Walmart Inc. from Wal-Mart Stores, Inc. effective February 1, 2018.

Walmart U.S.: 4,609. Sam's Club U.S.: 599. Walmart International: 5,399.

How many Walmart stores are there in the United States? There are 4,616 Walmart stores in the United States as of May 13, 2024. The state and territory with the most number of Walmart locations in the US is Texas, with 508 stores, which is about 11% of all Walmart stores in the US.

"A lot of this year's closures are related to bankruptcies of chains that have been in trouble for a while, like Rite Aid and Rue21," Neil Saunders, managing director of GlobalData, told CBS MoneyWatch. "We're also seeing several retailers, like Family Dollar, take action to weed out underperforming locations."

Walmart has announced closures for nine locations across five states in 2024 so far. The company cited financial underperformance as the reason for the decisions. The company plans to open or begin construction on 14 new locations this year.

The first two new stores involved in the 2024 initiative announced by Furner are Neighborhood Markets which are set to open later this Spring in Santa Rosa Beach, Fla., and Atlanta, Ga. Furner said construction plans are being finalized on another 12 projects that will be started this year.

Store 2152 in Albany, New York, is not just the biggest Walmart store in the U.S. It's also one of just a few stores with two levels! Having 260,000 square feet spread over two floors makes shopping there an adventure!

In the next five years, Walmart is planning to build or convert more than 150 stores, while simultaneously continuing our program to remodel existing stores. These efforts represent millions of dollars in capital investment of labor, supplies and tax revenue, which benefit their respective communities.

What state does not allow Walmart? ›

The company has stores in all 50 states, but it does not have stores in some of the country's largest cities. There are no Walmart stores in five of the country's largest 25 cities — New York City, San Francisco, Detroit, Seattle or Boston.

Bananas are regularly Walmart's best-selling item.

Overall, the company sells over 1.5 billion pounds of bananas each year, making it one of the largest banana vendors in the world. Others among the company's top ten best selling include: Toilet Paper (330 million rolls each week)

Doral Walmart Is the Busiest Walmart in the Country | Riptide 2.0 | Miami | Miami New Times | The Leading Independent News Source in Miami, Florida.

At least nine retail brands have said they're closing US stores in 2024, totaling some 1,280 locations. Family Dollar is the largest chain on the list, planning to close at least 600 stores this year. Other companies, such as Walmart and TJX, are closing a few stores while opening many more.

According to Newsweek, Walgreens is in restructuring mode in 2024. They recently laid off an estimated 646 employees, and the chain is in the midst of closing an expected 150 stores in America. A Walgreens spokesperson said, "We are focused on aligning our operational structure to best serve our patients and customers.

Technology-Driven In-Store Experiences

The future of retail will be tech-driven, and the global smart retail market size is expected to grow at a CAGR of 29.1% by 2030. The pandemic spurred many retailers to invest in technologies like buy-online-pick-up-in-store (BOPUS) and self-checkout.

Retail research and resources from this event

Retail sales during 2024 will grow between 2.5% and 3.5% from 2023 to between $5.23 trillion and $5.28 trillion.