ML-Implode News - Wal-Mart to close 269 stores, including 154 in the U.S.

Wal-Mart Stores Inc. said Friday that it will close 269 of its stores globally, including 154 in the U.S., as the companyÂ looks to reposition itself in a difficult retail climate.
...
In the U.S., the company will shut all 102 Walmart Express locations -- a pilot program started in 2011 to appeal to customers who wanted smaller-format stores. Wal-Mart will also close 23 Neighborhood Markets, 12 Supercenters, seven stores in Puerto Rico, six discount centers and four Sam's Clubs.
...
The retailer said it will focus more on e-commerce and expanding pick-up services for customers. Wal-Mart also said it would open 50 to 60 new Supercenters, 85 to 95 new Neighborhood Markets and seven to 10 new Sam's Clubs across the U.S. in fiscal 2017.

Relevant:

Wal-Mart to close 269 stores, including 154 in the U.S.