Wal-Mart to Shutter 269 Stores, 154 of Them in the US:
More than 95 percent of the stores set to be closed in the U.S. Are within 10 miles of another Wal-Mart. The Bentonville, Arkansas, company said it is working to ensure that workers are placed in nearby locations. Ref. Source 1m.
Wal-Mart Trims Forecast:
Wal-Mart Stores Inc. Lowered its annual sales forecast in a move it blamed on the strong dollar, adding another headache for a retailer struggling with slow U.S. Traffic and decelerating e-commerce growth. Ref. Source 4e.