Is Walmart Closing Stores In 2022? (Not What You Think)

Walmart Inc.

Walmart’s current logo since 2008
Walmart Home Office (headquarters) in December 2012
Formerly	Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018)
Type	Public
Traded as	NYSE : WMT DJIA component S&P 100 component S&P 500 component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962 ; 59 years ago ( 1962-07-02 ) in Rogers, Arkansas [1] October 31, 1969 ; 52 years ago ( 1969-10-31 ) in Wilmington, Delaware (incorporation)
Founder	Sam Walton
Headquarters	Bentonville, Arkansas , U.S.
Number of locations	10,593 stores worldwide (January 31, 2022) [2] [3]
Area served	Worldwide
Key people	Greg Penner ( Chairman ) Doug McMillon ( President , CEO )
Products	Supermarket , Hypermarket , Superstore , Convenience shop
Services	Walmart-2-Walmart
Revenue	US$ 559.2 billion (2020) [4]
Operating income	US$22.55 billion (2020) [4]
Net income	US$13.70 billion (2020) [4]
Total assets	US$252.5 billion (2020) [4]
Total equity	US$87.53 billion (2020) [4]
Owner	Walton family (50.85%) [5]
Number of employees	2,300,000 (Jan. 2021) [4] U.S.: 1,600,000
Divisions	Walmart U.S. Walmart International Sam’s Club Global eCommerce
Subsidiaries	List of subsidiaries
Website	walmart.com
Footnotes / references [6] [7] [8]

Walmart is one the biggest retail companies in the world, and it has managed to stay ahead of changes in the sector.

Is Walmart Closing Stores In 2022?

Walmart intends to shutter some of their stores, in order that it can focus more heavily on e-commerce starting in 2022. Recent analysis revealed that customers prefer to shop online over visiting Walmart stores. Therefore, Walmart’s business operations are currently shifting to support online shopping and maintain fast, efficient, and reliable services.

Walmart Is Closing All Stores at Once?

Walmart suddenly closes its stores because of two reasons.

Walmart saw a tremendous increase in US online sales between 2020-2021. Most customers prefer to shop online over brick-and mortar stores.

Walmart saw an increase in e-commerce sales of 97% last year compared with the prior quarter. This is the highest rate ever recorded by Walmart.

Walmart plans to shut down some of their stores, in an effort to maximize profit and take advantage of new shopping trends.

New strategies for serving online shoppers include the development of software and programs to increase its services to online shoppers.

New programs like “pick-up now” and home delivery have made ordering online easier without having to worry about shipping.

Walmart might temporarily close its Walmart location due to the need to clean and disinfect.

Walmart temporarily closes during deep cleanings for a few day and then reopens after assessments are completed.

Lynn Haven, Florida was the latest location to experience a Walmart deep cleaning drive. The local Walmart was shut down for three days in July.

Is My Walmart Closing?

The location of your Walmart store will determine whether or not it is closed.

Walmart is implementing a strategy to close some stores in response to the increasing preference for shopping online.

Walmart could still decide to close down your local Walmart store for cleaning or sanitization. Walmart will open your store in 2-3 days.

Is Walmart closing a store in its stores?

Walmart.com offers fast, reliable and efficient service even if a Walmart Store is closing.

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.

If your store is closed due to regular Walmart deep cleaning, you will need to wait until reopening in 2-3 days.

Walmart associates will have more time to stock shelves, while specialists may be able to take the necessary time.

All Walmart Stores Are 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.

Canada closed three stores in Ontario and two Alberta provinces, as well as one store in Newfoundland-and Labrador.

Walmart has made it easier to shop online and improved the appearance of its remaining stores. This led to these stores being closed.

Is Walmart Closing For Good In Canada?

Walmart Canada has not closed all its shops, but is closing some.

Walmart Canada’s closing of six Walmart Canada stores will allow them to modernize over half the remaining stores as well as build new distribution centers.

Is Walmart Getting Rid Of Overnight Restocking Shifts?

Walmart plans to eliminate the overnight shift for restocking at 300 stores. They will also transfer employees who worked at the night shift hours into other times.

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.

Walmart is getting rid of cashiers.

Walmart has begun self-checkouts and is eliminating cashiers to reduce waiting time. Walmart plans to allow customers greater control of their shopping experience.

To know more, you can also see our posts on whether or not Walmart closes, Walmart return hours, and what time does Walmart sells alcohol.

Walmart will close some brick-and mortar stores in 2020 and 2021 due to the surge of online sales. Other stores will be temporarily closed to refresh, replenish and clean up.

.Is Walmart Closing Stores In 2022? (Not What You Think)