Wal-Mart Closes Return Center, 400 Cut

The center will relocate near Spartanburg, South Carolina. The company says the relocation is not due to theÂ economic meltdown, but because the distribution center was too far from some of the companyâ€™s Southeast region stores it was built to serve.

The state will provide assistance to employees whoÂ lose their jobs.

Wal-Mart Stores is a public corporation that runs a chain of large, discount department stores. It is the world’s largest public corporation by revenue, according to the 2008 Fortune Global 500.

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