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Walmart closing 269 stores, 1 in Las Vegas |

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Walmart closing 269 stores, 1 in Las Vegas

Walmart announced it will start closing 269 stores this month, most of them are in the United States. Another large group of stores will be closed in Brazil.

The Walmart store located at 4350 N. Nellis Boulevard is set to close on Sunday, Jan. 17. It is the only Nevada store on the list of closures.

The company has more than 11,000 stores worldwide.

Walmart CEO and President Doug McMillion said closing stores is never easy but necessary to keep the company strong and positioned for the future.