How Walmart, CVS and Target are closing stores to pay off debt

Walmart has closed about 100 stores and plans to close another 100 in the next few months, while CVS plans to shut about 40 stores, and Target is planning to close about 35 stores. 

CVS has said it will pay off about $3 billion in debt and was preparing to file for bankruptcy protection in August. 

The chain has also said it plans to lay off about 2,000 workers over the next three years. 

Target is expected to cut about 2.7 million employees over the same time period. 

Walmart is expected not to make any cuts to its retail operations, and it said it is focused on its core competencies and is not planning to layoff employees. 

TARGET is not expected to reduce staffing levels at the company, according to its statement. 

“Target’s commitment to providing exceptional customer service and high quality of goods continues to inspire our associates, and we remain committed to improving the quality and experience of Target,” Target CEO John Mulligan said in a statement.

“Target continues to lead in a number of key areas, including our global retail stores, online stores, wireless and mobile channels, and our ecommerce operations.

Target continues to grow year over year.” 

CES 2016: Walmart opens second Las Vegas store in three years Walmarts latest opening in Las Vegas was in May of 2016 when the company opened a Walmart in the former Las Vegas SuperCenter. 

 The store opened the day after President Donald Trump signed an executive order that froze US refugee admissions to the United States. 

Last year, Walmart opened a second store in the Las Vegas suburb of Sandy, just days after the shooting of 49 people at a gay nightclub in Orlando. 

As a result, the company announced that it was cutting 1,000 jobs in the region, including 1,300 in Sandy. 

At the time, CEO Doug McMillon said the move was designed to “strengthen our local workforce”. 

A spokesman for Walmart said: “We are making these investments to keep our businesses operating at high standards.

The impact of this executive order is a real one, and Walmart is working closely with the federal government to ensure this will not happen again. 

Read more: Wal-Mart to layoffs as the US opens its borders to refugees Read  more: