Walmart is cutting 2,000 warehouse jobs weeks after the retail chain announced store closures

Walmart Inc is cutting more than 2,000 jobs at five US e-commerce warehouses, the company reported Monday.

The layoffs include more than 1,000 jobs at a warehouse in Fort Worth, Texas, along with 600 jobs at a fulfillment center in Pennsylvania, 400 in Florida and 200 in New Jersey, the report said, citing regulatory filings, with additional reductions planned in California .

On March 23, hundreds of employees at five Walmart facilities fulfilling e-commerce orders were asked to seek employment at other company locations within 90 days.

It follows from the news that the iconic retailer is closing five big-box stores and its last two remaining takeout-only locations, citing poor earnings.

The store routinely closes a handful of stores nationwide each year, with this year’s states selected as Illinois, Wisconsin, New Mexico, Florida and Arkansas, with an announced total of 12 stores in nine states.

In February, Mail Online reported on a retail apocalypse in the United States, with more than 800 stores nationwide closing this year.

John Furner, President and CEO, Walmart USA

Aside from Walmart, other brands closing locations include Bed Bath & Beyond, Gap, and Party City.

Many have been forced into rampant cost-cutting measures amid severe inflation.

At the top of the list of brands closing their stores is household giant Bed Bath & Beyond.

The retailer once had more than 1,500 stores across America, but after a recent purge, it wants to end the year at just 480.

At least 416 of its stores in the US have been identified for closure, while each of its 65 stores in Canada will also be closed.

Despite owning 953 locations in North America just a year ago, there will only be 360 ​​flagship Bed Bath & Beyond stores in America by the end of 2023, in addition to 120 Buybuy Baby locations.

In March, it was announced that Foot Locker would be the latest US chain to close its stores across the country.

The company plans to close more than 400 of its underperforming stores by 2026.

The 420 stores scheduled to close account for nearly 10 percent of Foot Locker’s total sales.

Burger King is another major chain that is expected to close all 26 locations in Michigan and lay off 424 employees.

The cost of living crisis has not spared retailers in the United States, with many others closing their branches post-Covid.

Big Lots is also closing seven stores this year, with the discount chain looking to focus on small towns and away from urban areas.

California will see three locations close while Colorado will lose four.

Macy’s Mall is closing four stores in the first quarter of 2023, with malls in California, Colorado, Hawaii and Maryland losing out.

The closures are part of Macy’s three-year plan to close 125 locations.

Another store closing a handful of locations is The RealReal, which will close four stores and two consignment offices across the country to cut $2 million in costs.

And after closing more than 150 stores since 2020, JCPenney also plans to close its Oswego, New York, and Elkhart, Indiana locations this year.

Rounding out the list is Amazon, which has announced it is closing several of its Fresh grocery and Go convenience stores.

Late last year, analysis showed that US households were expected to spend $433 per month more than in 2021 as prices rose.