Walmart auctions items due to store closure in May 2024: Where is it and what are they auctioning?

In recent years, several establishments including stores and restaurants have announced the closure of multiple branches across the United States. The decision to close up shop has been influenced by various factors, ranging from poor company performance to a shift in consumer trends, to poor management. Giant retailer Walmart is among the companies that have been announcing they will end operations for certain locations.

Due to the poor performance of some of its stores, the world’s largest retailer closed a total of 24 branches in 2023, exceeding the 15 outlets originally announced. The closures mainly affected consumers in Washington DC and Chicago, which were the states where the most shutterings were recorded. Illinois, Florida, New Mexico, Texas, Arkansas and Hawaii also saw some of their stores being closed down.

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Walmart auctions items due to store closure: Where is it and what are they auctioning?

So far this year, the chain has closed two more locations in California, plus another one in Columbus, Ohio. In this last location, the liquidation of a variety of items has been reported. According to information from The Street, the branch located at 3579 S. High St. will be holding an auction this week. Among the premium items that will be sold are flat screen TVs and laptops.

READ ALSO: Prices have increased by an average of 1.7 percent so far this year

The auction will be held by Grafe Auction, so clearance items can be purchased through their website until Friday, May 17, 2024.

“This is your opportunity to purchase high-quality equipment, accessories and more at a fraction of the retail cost,” said the website as it promoted the sale.

“Whether you are fitting out a new store, expanding your current business or simply looking for great deals, you shouldn’t miss this auction.”