Wal-Mart quietly closing at least 11 stores in 8 states -- unusual

For decades, Wal-Mart 

has been expanding 

aggressively.

They have plenty of cash, 

and so the only way that it 

would make sense for them 

to close stores is if they 

anticipated that we are 

heading into a recession.

Here is a list of the addresses 

where Wal-Mart stores are closing…

• 6085 W. Chandler Blvd., Chandler, Arizona
• 3900 W. Ina Road, Tucson, Arizona
• 1600 Saratoga Ave., San Jose, California
• 712 N. Western Ave., Liberal, Kansas
• 1229 NE. Evangeline Trwy., Lafayette, Louisiana
• 3603 Broad River Road, Columbia, South Carolina
• 1757 W. Andrew Johnson Hwy., Morristown, Tennessee
• 2501 University Commons Way, Knoxville, Tennessee
• 7000 Iron Bridge Road, North Chesterfield, Virginia
• 2864 Virginia Beach Blvd., Virginia Beach, Virginia
• 7809 NE. Vancouver Plaza Dr., Vancouver, Washington

Of course Wal-Mart is in far better shape than almost everyone else in the industry.

One of Wal-Mart’s key competitors, Shopko, has just announced that they will be shutting down all of their stores…

Shopko will liquidate its assets and close all of its remaining locations by mid-June.

The company was unable to find a buyer for the retail business and will begin winding down its operations beginning this week, the company said in statement released Monday. 

The decision to liquidate will bring an end to the brick-and-mortar business that began in 1962 with one location in Green Bay, Wisconsin.