NEW YORK (AP) — Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market.
The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue.
The closures will affect 16,000 workers, 10,000 of them in the U.S.
The announcement comes three months after its CEO Doug McMillon told investors the world's largest retailer would review its store fleet in amid increasing competition from all fronts, including from online rival Amazon.com.
In the U.S., 154 locations will be closed, most of them small format stores called Walmart Express, which were launched as a test program in 2011. The remaining 115 locations to close are spread over Latin America, mostly in Brazil.
Florida Store Closing
#3358 Interlachen, FL (Putnam County)
#4265 Trenton, FL (Gilchrist County)
#4267 Cross City, FL (Dixie County)
Georgia Store Closing
#4228 Ellaville, GA (Schley County)
#4229 Alma, GA (Bacon County)
#4234 Ashburn, GA (Turner County)
#4251 Pelham, GA (Mitchell County)
#4254 Donalsonville, GA (Seminole County)
#4261 Pearson, GA (Atkinson County)
#4263 Lakeland, GA (Lanier County)