Wal-Mart will be closing about a 150 of its U.S. stores this year, affecting thousands of its workers.
FOX's Eben Brown reports from Miami:
Some 10,000 employees of Wal-Mart stores could be out of a job at some point this year. The big store chain says it will shutter 154 location in the U.S.
The announcement comes just months after Wal-Mart CEO Doug McMillon informed investors they'd be reviewing the fleet of retail locations in the midst of increased competitions from online shopping ventures such as Amazon.
Most of those U.S. locations to be closed will be smaller stores branded Wal-Mart Express. The company is also shutting more than a 100 locations in Latin America.
In Miami, Eben Brown, FOX News.