In this file:

 

·         Walmart continues process of relocating workers out of future corporate campus footprint

·         Walmart is closing a Norristown-area location, affecting 150 employees

 

 

Walmart continues process of relocating workers out of future corporate campus footprint

 

by Paul Gatling, Talk Business & Politics (AR)

October 1, 2019

 

As it begins the years-long task of building a new corporate campus in Bentonville, Walmart Inc. continues to make arrangements for temporary office space for hundreds of employees.

 

The company’s newest destination is the corner of 28th and J streets in Bentonville. Walmart spokeswoman Anne Hatfield said the retailer is planning to relocate a few hundred employees to two existing office buildings owned by Crossland Realty Group, a privately owned real estate investment firm based in Kansas and a division of Crossland Construction.

 

Mattie Crossland, the director of real estate for Crossland Realty Group, said Walmart will occupy all of an approximately 88,000-square-foot building built last year. The company will also lease roughly 30,000 square feet of a 130,000-square-foot building built in 2017.

 

“We are presently under construction on the interiors [buildouts] of those spaces,” Crossland said.

 

Hatfield said Walmart is developing a parking lot next to the two office buildings to accommodate its employees. That land — approximately 7.5 acres — changed hands twice in the past three months. Walmart assembled the property in two separate deals for a combined $2.39 million in June.

 

On Aug. 1, the company sold the property for $2.42 million to an LLC owned by Crossland Realty.

 

A few weeks ago, the Business Journal reported details of a lease agreement between Walmart and a private developer for a 90,000-square-foot building at 2303 S.E. J St. in Bentonville. The three-story building will be the anchor property of a 15-acre commercial real estate development called RedBird. Construction of the building just recently started.

 

Walmart will lease all of the building as temporary office space for its training and development teams, plus a few hundred additional employees, who all now work at the Sam Walton Development Complex on Southeast 10th Street in Bentonville.

 

Walmart officials announced almost two years ago the company was...

 

more, including links

https://talkbusiness.net/2019/10/walmart-continues-process-of-relocating-workers-out-of-future-corporate-campus-footprint/

 

 

Walmart is closing a Norristown-area location, affecting 150 employees

 

by Ellie Silverman, Inquirer

October 1, 2019

 

Walmart is closing one of its Norristown-area locations, affecting 150 employees, according to a notice filed last week with state officials.

 

The store, at 53 W. Germantown Pike in East Norriton Township, will close to the public on Oct. 25, according to the company’s Sept. 25 notice to the state’s Department of Labor and Industry.

 

Employees also were notified about the closure on Sept. 25.

 

Walmart spokesperson Phillip Keene declined to share specific details of the closing except to say that “operating cost was a factor” in the company’s decision not to renew its lease.

 

Though the notice says 150 people will be “terminated" effective Dec. 6, Keene said the company plans to reassign employees who want to stay with Walmart to other stores...

 

more, including links

https://www.inquirer.com/business/retail/walmart-norristown-closing-layoffs-germantown-pike-20191001.html