Walmart, the world’s largest retailer, has confirmed that a number of its locations will shut down as the company continues adjusting its strategy in response to changing shopping habits and rising operating costs. Over the past few years, the retail giant has been reevaluating underperforming stores and shifting more resources into online services, automated logistics, and modernized supercenters. While the company still operates thousands of stores across the United States, executives say some locations simply no longer meet performance expectations, forcing the company to make difficult decisions about closures.
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