Wal-Mart set to open more Arizona stores despite closures elsewhere

Wal-Mart is closing 269 stores worldwide, but luckily none of those will be in Arizona.

In fact, the nation’s largest retailer said more than 300 stores will be opened around the world, although 154 of the closed stores will be in the United States. Representatives confirmed there will be several locations opened in Arizona, according to the Phoenix Business Journal.

The closures will affect around 10,000 U.S. workers. Wal-Mart said the reason for closing so many stores is to actively maintain a health business and manage a portfolio of assets. In an announcement, President and CEO Doug McMillon said closing stores is necessary to keep the company strong and well-positioned for the future.

Most of the stores closed will be Wal-Mart Express stores.

Wal-Mart is Arizona’s third-largest employer with around 32,000 people employed in the state.

Related

2 teens arrested after ‘Senior Assassins’ game causes disturbance at Queen Creek drive-thruWalmart announces $250K grant to boost workforce development opportunities in ArizonaAG Kris Mayes sues landlords for leaving Tucson tenants without air conditioningDriver dies after colliding with Valley Metro bus in south Phoenix while fleeing separate crashJohn Gotti’s grandson kept trying to delay prison to donate kidney to mother. A judge said enough.Why the elaborate ruse Trump used in Turkey isn’t like other secret presidential trips