As one of the world’s biggest retailers, Walmart has managed to keep up with changes in the retail sector.
However, the most recent trends in the retail market have caused panic among consumers, with most of them asking – is Walmart closing stores?
Is Walmart Closing Stores In 2024?
Walmart is closing some of its stores to focus more on e-commerce as of 2024. A recent analysis of the company’s revenue reveals that more customers now prefer shopping online to visiting Walmart stores. Therefore, Walmart’s business operations are currently shifting to support online shopping and maintain fast, efficient, and reliable services.
If you’d like more information on why Walmart is closing some of its stores and whether your local Walmart store will be closed, keep reading for more facts!
Why Is Walmart Closing Stores Suddenly?
Walmart is closing stores suddenly due to two reasons:
- The recent surge of online shopping
- The need to deep clean some stores
Throughout 2020-2021, Walmart has witnessed immense growth in online shopping in the US, with most customers now preferring to shop online rather than in brick-and-mortar stores.
Last year, Walmart recorded an e-commerce growth of 97% in the second quarter compared to the previous, a figure that is considered the fastest rate on Walmart’s record.
Therefore, to take advantage of the new shopping trends and make maximum profits, Walmart is closing some of its stores as the company tries to strategize and invest in e-commerce activities.
The new strategies of serving online shoppers include developing programs, software, and capabilities to enhance its service to the online shopping community.
As well, newly introduced programs such as ‘pick-up today’ and home deliveries have made it easier for consumers to order online without worrying about any shipping costs.
In addition to an increase in online sales, Walmart may temporarily close its local Walmart store due to a deep clean drive and sanitization.
During the deep cleans, Walmart closes temporarily for a few days and reopens once assessments on the deep cleans are deemed as complete.
The most recent incident of a Walmart deep clean drive was in Lynn Haven, Florida, where the local store was closed for 3 days in July.
Is My Walmart Closing?
Your local Walmart store may or may not be closed, depending on the location of the store.
With the current preference for online shopping, Walmart has devised a strategy of closing some of its stores to meet the needs of consumers.
Even so, Walmart may decide to close your local Walmart stores for deep cleaning and sanitization. If this happens, Walmart will reopen your local store within 2-3 days.
Is Walmart Closing Every Physical Store In 2024?
Walmart is not closing every store in 2024, but they might close some of its stores across the US, Canada, and Puerto Rico due to shrinking towns and less foot traffic in mall locations.
While some sources may claim that Walmart is closing every store, the information is false and can be regarded as clickbait ads.
However, depending on where you’re located, you can use the Walmart Store Finder to find open Walmart stores around you.
What Happens When Walmart Closes A Store?
When Walmart closes a store, you can opt to shop through Walmart.com and still be assured of fast, efficient, and reliable customer service.
While the closure of brick-and-mortar stores may seem to have negative effects on Walmart’s brand image, the company makes up for it with exemplary online shopping strategies.
However, if your store closes due to the regular Walmart deep cleaning schedules then you simply have to wait for reopening within 2-3 days.
During the cleaning period, specialists can get ample time and space to sanitize the whole store while Walmart associates ultimately get additional time to restock shelves.
Are All Walmart Stores Closing In Canada?
Walmart is not closing all stores in Canada, however, the company has closed six stores in Canada and has gone ahead to spend $500 million in upgrading some of the remaining stores.
The stores closed in Canada include three in the province of Ontario, two in Alberta, and one in Newfoundland and Labrador.
The closure of these stores comes as a result of enhancing online shopping and improving the physical appearance of the remaining Walmart stores.
Is Walmart Closing For Good In Canada?
Walmart is not closing for good in Canada, but rather closing some of its outlets.
The shutting down of 6 Walmart outlets in Canada will help Walmart modernize more than half of the remaining stores and also build new distribution centers.
Is Walmart Getting Rid Of Overnight Restocking Shifts?
Yes, Walmart is getting rid of the overnight restocking shifts at about 300 stores and will transition employees working at the night shift hours to other hours.
Having eliminated the night shift, the new operating hours for most Walmart stores are 6 a.m. to 11 p.m. while other few will open at 7 a.m. and close at 10 p.m.
Why Is Walmart Getting Rid Of Cashiers?
Walmart is getting rid of cashiers and initiating self-checkouts to speed up wait time and save money in the long run. Furthermore, Walmart intends to give customers more control over their shopping experience.
Throughout 2020 and 2021, Walmart has resolved to close some of its brick-and-mortar stores due to a surge of online shopping, while other stores are temporarily being closed as a measure of refreshing, restocking, and sanitizing the stores.