The Real Reason Walmart Is Closing Down Stores

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Walmart may seem like one store that would never take a hit, but even they have been struggling in recent years. With the rise of Amazon and other online companies, as well as cheaper grocery stores, Walmart has struggled to adapt. Stores are closing down, and even though there are plenty of people who still shop there on a regular basis, it just isn’t the number it used to be. Their image has never been great, but it’s only gotten worse in recent years, and tariffs are hurting them as well. Let’s take a look at the real reason why Walmart is closing down stores. • #Walmart #Stores #Retail • The Amazon factor | 0:00 • They've got a bad image | 1:19 • Increased tariffs are lowering profits | 1:48 • Format error | 2:22 • If you can't beat 'em | 3:11 • Read Full Article: https://www.mashed.com/148703/the-rea...

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