The closures were decided based on financial performance and how well the locations fit with Walmart's broader strategy.
Walmart has been working aggressively to grow its e-commerce presence and digital services, plus upgrade stores and provide shoppers with a more pleasant experience.The company has also been making a big push to increase wages and provide more training to employees, an effort that's costing more than $1 billion.
The store closures, which represent less than 1% of global revenue from Walmart's nearly 11,600 stores worldwide, will allow the retailer to step up its digital and in-store initiatives.
In a statement, Walmart CEO Doug McMillon said the company is "committed to growing, but we are being disciplined about it." Walmart plans to open more than 300 stores in the coming fiscal year.