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wall mart set to close 269 stores

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Posted: #1
small store  not working for the retail giant .
the move effects 16,000 workers globally.
in analyzing 4th quarter data the move is to increase profitability
and strengthen core approach to wall mart sam's club retail outlets.

https://finance.yahoo.com/news/wal-mart-pulls-plug-smallest-142130737.html#

 
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Posted: #2
Yeah and notice the blame is shouldered on the low class wage increase instead of the truth that Walmart is trying to shore up their stock price by more cost cutting and eliminating underperforming locations.
 
 
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Posted: #3
wall mart shutting down stores is a little over the top .

this retail giants approach to expansion has been unprecedented.

the company is set to be the second largest corporation in the world next to dutch shell over taking exxon mobile in recent oil market crash.
but a serious concern with eliminating an entire division of retail outlets has greater implications of the reality of true china production declining output and dampening energy needs.
the constriction in global retail markets.
this ripple in the pond is a big concern and unexpected
 where oil was expected to fall with global surplus and about three days ahead atomic energy release of glowing report of Iranian compliance at the un. the india- Europe trade sanctions lifting from irannian crude
Irans out put can quickly rise from the 1.1 million a day to over 20 million in a two week period.

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