110 Walmart Lays Off Hundreds Of Corporate Workers...Around 200 jobs in total are being cut, said one of these people. **** May not sound like much, but I once worked for a large retailer that started this process and nine years later it closed its doors. (www.zerohedge.com) posted 2 years ago by Taffy333 2 years ago by Taffy333 +110 / -0 37 comments share 37 comments share save hide report block hide replies
It was actually due to overexpansion in such a short time, but yeah, there's a reason nobody does THAT deal anymore.
A store called Ames did that in the late 1990s and early 2000s. They closed in 2002.