Walmart Corporate Executives Visited Five Locations And Told Employees Their Store Would Closed That Day And They Are No longer Needed
Walmart has been in the news a lot lately. Minimum wage hikes, disappointing sales figures and a general sense that the giant company has some unlikely skeletons in its Wally World low-price persona. No one is sure what is going on behind closed doors in Arkansas. But one thing is certain; Walmart desperately needs a make-over. Some people think Walmart might be in for a retail collapse similar to Sears. The Sears demise started over three decades ago.
The executives that run the show at Walmart do live in an altered state of reality most of the time, but it appears some of them may be waking up cranky. Just ask the store personnel in Florida, Texas, California and Oklahoma. Executives from Bentonville visited Walmart locations in Brandon, Pico Rivera, Livingston, Midland and Tulsa recently and abruptly laid off 2,200 workers.
The five stores that are closing were built by Boraie Development LLC between 1994 and 2004. Walmart execs say plumbing issues were to blame in the Florida store, but the store has never reported chronic plumbing issues. The four other store managers are still shaking their heads in disbelief. In the retail business, it’s one thing to know a store is closing. People can prepare and look for jobs, but it’s another thing for executives to walk in and close five stores in one day without notice.