Walmart giving away free samples to celebrate remodeled store

Walmart has finished remodeling its Greenacres store and the company is giving away free food samples this weekend to mark the occasion.

Wal-Mart shopping carts sit outside of a store on February 20, 2014 in San Lorenzo, California. The mega-retailer announced Monday it is buying Jet.com.  (Photo by Justin Sullivan/Getty Images)
Wal-Mart shopping carts sit outside of a store on February 20, 2014 in San Lorenzo, California. The mega-retailer announced Monday it is buying Jet.com. (Photo by Justin Sullivan/Getty Images)

“A brief ribbon-cutting ceremony will be held on Sept. 2 at 8 a.m., followed by free food samples while supplies last,” the company said in a news release announcing the completion of the project. “On Saturday, Sept. 3, from 11 a.m. to 4 p.m., and Sunday, Sept. 4, from noon to 5 p.m., customers can enjoy a grand reopening event with sampling.”

The store is located at at 6294 Forest Hill Blvd. in Greenacres.

“We are looking forward to re-introducing our store to the community with expanded offerings and a fresh look,”  store manager Derrick Peterson said. “Our everyday low prices will remain the same, but we’re adding greater convenience and a new and improved local grocery shopping experience.”

 

 

 

In continuing battle with Amazon, Walmart buys Jet.com for $3.3 billion

Wal-Mart shopping carts sit outside of a store on February 20, 2014 in San Lorenzo, California. The mega-retailer announced Monday it is buying Jet.com. (Photo by Justin Sullivan/Getty Images)
Wal-Mart shopping carts sit outside of a store on February 20, 2014 in San Lorenzo, California. The mega-retailer announced Monday it is buying Jet.com. (Photo by Justin Sullivan/Getty Images)

In it’s continuing battle with Amazon for a larger share of online shoppers, Walmart announced Monday it is buying Jet.com for $3.3 billion.

Jet entered the online-retail market just over a year ago, offering lower prices than Amazon on about 81 percent of items in a survey and poising itself as a serious competitor for sites including Overstock.com and Walmart.com.

In a news release, Walmart said it and Jet will remain separate brands. Walmart President and CEO Doug McMillon said in the statement that the company’s purchase of Jet will allow it to grow Walmart.com “faster, the seamless shopping experience we’re pursuing will happen quicker and we’ll enable the Jet brand to be even more successful in a shorter period of time. Our customers will win. It’s another jolt of entrepreneurial spirit being injected into Walmart.”

Jet, according to Walmart’s news release, adds 400,000 shoppers a month, processes an average of 25,000 orders a day, and features “a select group of more than 2,400 retailer and brand partners tailored to create an attractive and distinctive assortment for consumers.”

 

 

 

Wal-Mart to close 269 stores

Wal-Mart Stores, Inc. announced on Friday that it plans to close 269 stores across the globe.

Wal-Mart said will close 154 locations in the U.S., including the company’s 102 smallest format stores, Walmart Express, which had been in pilot since 2011. The company also plans to close 23 Neighborhood Markets, 12 Supercenters, seven stores in Puerto Rico, six discount centers, and four Sam’s Clubs.

Customers peruse the aisles of a local Walmart.
Customers peruse the aisles of a local Walmart.

Wal-Mart said it is also closing 115 stores outside the United States. This includes 60 recently-closed, loss-making stores in Brazil, which represents only 5 percent of sales in that market, Wal-Mart said in a news release announcing the closures.

According to Wal-Mart’s website, none of the stores slated to close are in Palm Beach County.

Three Wal-Mart Express stores are closing Jan. 28 in Florida:

• Store No. 3358, 1113 S.R. 20, Interlachen

• Store No. 4265, 1209 East Wade St., Trenton

• Store No. 4267, 15726 S.E. Highway 19, Cross City

For a complete list of store closures, click here.

Wal-Mart operates nearly 11,600 stores worldwide.

In total, the impacted stores represent less than 1 percent of both global square footage and revenue, the company said in a news release.

“Actively managing our portfolio of assets is essential to maintaining a healthy business,” said Doug McMillon, president and CEO, Wal-Mart Stores, Inc. “Closing stores is never an easy decision, but it is necessary to keep the company strong and positioned for the future. It’s important to remember that we’ll open well more than 300 stores around the world next year. So we are committed to growing, but we are being disciplined about it.