Wal-Mart Inc. said Monday that Wal-Mart will cut more than 2,000 jobs in five e-commerce warehouses in the United States.
The layoffs include more than 1,000 warehouse jobs in Fort Worth, Texas, along with 600 jobs at a Pennsylvania fulfillment center, 400 in Florida and 200 in New Jersey, the report said, citing regulatory filings.
On March 23, hundreds of workers at five Walmart facilities that fulfill e-commerce orders were told to find jobs within 90 days at the company’s other locations.
It follows on the news that the popular retailer is closing five large stores and two remaining pick-up-only locations, citing weak revenue.
The store routinely closes a few stores across the country each year, with this year’s pick of states being Illinois, Wisconsin, New Mexico, Florida, and Arkansas, totaling 12 stores across nine states.
Bloomberg reported Monday that Wal-Mart will cut more than 2,000 jobs in five e-commerce warehouses in the United States.
In February, Mail Online reported the retail apocalypse across the states, with more than 800 stores set to close across the country this year.
John Furner, President and CEO, Walmart US
Aside from Walmart, other brand closing locations include Bed Bath & Beyond, Gap, and Party City.
Many have been forced into rampant cost-cutting measures amid skyrocketing inflation.
Leading the list of brands to close stores is homewares giant Bed Bath & Beyond.
The retailer once had more than 1,500 stores across America, but a recent purge saw it aim to end the year at just 480.
At least 416 of its stores in the US are slated to close, while every one of its 65 stores in Canada is also slated to close.
Which Walmart stores are set to close?
Portland: 1123 N Hayden Meadows Drive
Portland: 4200 SE 82nd Avenue
Washington, D.C.: 99 H St. NW
South Bend: 3701 Portage Street
Brooklyn Center: 1200 Crossing Shingle Creek
Honolulu: 1032 Fort Street Mall
Everett: 11400 Interstate 99
Homewood: 17550 Halstead Street
Plainfield: 12690 S. Route 59
Pinellas Park: 6900 US Highway 19 N.
Albuquerque: 301 San Mateo Boulevard SE
Milwaukee: West Silver Spring Drive
Lincolnwood: 6840 N. McCormick Boulevard
Bentonville: 406 S Walton Blvd
Despite having 953 locations across North America just a year ago, by the end of 2023 there will be just 360 flagship Bed Bath & Beyond stores in America along with 120 Buybuy Baby locations.
In March, it was announced that Foot Locker would be the latest American chain to close stores across the country.
The company is set to close more than 400 of its underperforming stores by 2026.
The 420 stores that are planned to close account for nearly 10 percent of all Foot Locker sales.
Burger King is another major chain that is expected to close all 26 of its Michigan locations and lay off 424 employees.
The cost of living crisis has not spared retailers across the states, as many others have closed their branches post-Covid.
Big Lots is also closing seven stores this year, as the discount chain looks to target smaller towns and move away from metropolitan areas.
California will see three sites closed, while Colorado will lose four.
Its flagship shopping center, Macy’s, closed four stores in the first quarter of 2023, with losses in malls in California, Colorado, Hawaii and Maryland.
The closures are part of Massey’s three-year plan to close 125 locations.
Another store to close a few locations includes RealReal, which will close four stores and two shipping offices across the country as it looks to cut $2 million in costs.
And after closing more than 150 stores since 2020, JCPenney also plans to close its Oswego, New York, and Elkhart, Indiana locations this year.
Completing the list is Amazon, which has announced it will close many of its Fresh and Go grocery stores.
At the end of last year, the analysis showed that American households were expected to spend $433 more per month than in 2021 as prices rise.
US chains that have announced store closures and job losses
Bed bath and beyond: 416
Tuesday morning: 265
Party city: 22
Big lots: 7
The real truth: 6