Walmart Closing 2 Stores in San Diego and El Cajon Due To Low Revenue

San Diego, California: Walmart has dropped bad news for its customers in San Diego and El Cajon.  Next month, Walmart plans to close two locations in San Diego and El Cajon, the firm said on Wednesday.

“We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations. While our underlying business is strong, these stores haven’t performed as well as we hoped, and we were unable to reach mutual lease renewals with the property managers. There is no single cause for why a store closes and our decision is based on several factors, including historic and current financial performance, and is in line with the threshold that guides our strategy to close underperforming locations,” the company said in a statement.

The affected locations are:

  • 605 Fletcher Parkway in El Cajon
  • 2121 Imperial Ave. in the Logan Heights, San Diego

The two locations will be closed on February 9.

The employees at both locations are qualified for a transfer to another Walmart in the vicinity.

“We are grateful to the customers who have given us the privilege of serving them at our San Diego and El Cajon stores,” Walmart communications director Brian Little said in a statement. “We look forward to continuing to serve them at any of our many locations across the area, on, and through delivery to their home or business.”

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