Walmart to close 2,500 stores in 2020
Posted On July 15, 2021
Walmart is shutting down 2,000 retail stores, including those in Ohio, in 2020, according to a report from the retailer’s online retailer, Thrift Shop.
The closures come as Walmart is facing the fallout of the mass shooting at the company’s Canton, Ohio, headquarters on Thursday that killed 12 people and injured dozens more.
Walmart has faced a string of recent crises.
Last month, the retailer filed for bankruptcy protection after it was revealed that the company had failed to properly report sales of the $1.4 trillion Walmart e-commerce business in the second quarter.
The company has also been grappling with a number of lawsuits and claims from customers over its handling of claims.