Yet, Macy’s, Wayfair W +10.3%, and Walmart WMT -0.5% are among the retailers announcing layoffs and store closings as these forward-looking retailers ready for a reset in 2024.
https://www.forbes.com/sites/pamdanziger/2024/01/21/macys-and-wayfair-are-downsizing-and-walmart-is-adjusting-as-retail-readies-for-a-reset/?sh=4c2665a2780d
Walmart is spending $350 billion over the next ten years to promote made in america. $35/yr. Walmart is building 150 stores in 5 years. Walmart is expanding into mexico and central america.
Nothing walmart announces is written in stone.
Our shrink has almost Doubled since self checks
Walmart recently close two stores. Of course due to theft. Get real walmart is closing stores because of poor buddy buddy management and HO management and the new breed of associates.
PLEASE NOTE WALMART STOCK PRICE IS NOT BASED ON COMPANY PERFORMENCE BUT POOR ECONOMY AND TIDE RAISES ALL BOATS.