Wal-Mart Is Closing 269 Stores And Shutting Down 'Express' Sites
Wal-Mart's CEO says the store closures will keep the company "positioned for the future."By Samantha Crook | January 15, 2016
Wal-Mart is closing hundreds of stores around the world in what it's framing as a forward-thinking move.
Of the 269 stores closing, 154 are in the U.S., and most are smaller Wal-Mart Express locations.
Wal-Mart's president and CEO said the company will instead focus on supercenters, neighborhood markets, e-commerce and pickup.