Walmart to close 154 stores in the US; 10,000 workers affected

CHICAGO (FOX News/ FOX 32 News) - Walmart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market.

The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its  global revenue.

The closures will affect 16,000 workers, 10,000 of them in the U.S.

Two of the stores closing include two Walmart Express locations in Chicago:

  • #3065: 3636 N Broadway St.
  • #3039: 225 W Chicago Ave.

Those stores will close on Sunday, January 17. 

The announcement comes three months after its CEO Doug McMillon told investors the world's largest retailer would review its store fleet in amid increasing competition from all fronts, including from online rival Amazon.com.

Click here to read the press release from Walmart. 

Click here to read the full story from FOX News. 

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