Tuesday, January 19, 2016

$WMT Closing 154 U.S. Stores as It Realizes Bigger Isn't Always Better

Walmart closing 154 U.S. stores as it realizes bigger isn't always better

Being the world's largest retailer is turning into a burden rather than the blessing it once was. Once lauded for aggressively building stores across the U.S. to gain economies of scale and to put smaller companies out of business, Walmart is finally slowing its expansion down in a bid to more efficiently run its business.

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