Submitted by IWB, on February 2nd, 2016
More than 100 Walmarts around the country shut their doors Thursday for good — many in small towns and rural areas with few other shopping options CBS NEWS REPORTS.
The retailer cites a long-term strategy shift and financial performance. Company shares are down 25 percent over the past 12 months, and the nationwide closures will also impact thousands of employees, reports CBS News correspondent David Begnaud.
See the report here: