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On January 15, 2016, Walmart announced it would close 269 stores in 2016, affecting 16,000 workers. [90] Of the stores earmarked for closure, 154 were in the U.S., 95% of which were located, on average, 10 miles from another Walmart store. The 269 stores represented less than 1 percent of global square footage and revenue for the company.
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