Wal-Mart closing two southeast Michigan stores

Posted at 12:12 PM, Jan 15, 2016
and last updated 2016-01-15 14:18:10-05

Wal-Mart announced on Monday they will be closing two southeast Michigan stores, which include a Walmart Supercenter and a Sam's Club.

The Sam's Club in Waterford on Summit Dr. is the local store affected. It's closing date will be on Jan. 28.

The company also announced they are closing the Walmart Supercenter in Hartland.

In all, the Wal-Mart is closing 269 stores with more than half in the U.S. The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue.

More than 95 percent of the stores set to be closed in the U.S. are within 10 miles of another Wal-Mart. The Bentonville, Arkansas, company said it is working to ensure that workers are placed in nearby locations.

Of the closures announced Friday, 154 locations will be in the U.S., including the company's 102 smallest-format stores called Wal-Mart Express, which were opened as a test in 2011.

Wal-Mart said that it's still sticking to its plan announced last year to open 50 to 60 supercenters, 85 to 95 Neighborhood Markets and 7 to 10 Sam's Clubs in the U.S. during the fiscal year that begins Feb. 1. Outside the U.S., Wal-Mart plans to open 200 to 240 stores.

In all, about 16,000 workers will be impacted by the closures, with about 10,000 in the U.S. Wal-Mart said the goal will be to place those workers in nearby locations. If that isn't possible, the company said they will provide 60 days of pay, severance if eligible, and resume and interview skills training.