Wal-Mart to Shut Hundreds of Stores

Updated on
  • World's biggest retailer also abandons small-format Express
  • Closings affect less than 1% of square footage, company says

Wal-Mart Closing 269 Stores

Wal-Mart Stores Inc. plans to shutter 269 stores, the most in at least two decades, as it abandons its experimental small-format Express outlets and looks to streamline the chain.

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