USA, in a move to cut costs, has removed most of its apparel and fashion accessories from its retail outlets in the last week.
The move comes as retailers are struggling to compete with Amazon, Walmart and Best Buy.
In recent months, Walmart, Best Buy and Target have announced moves to consolidate their online retail businesses and move their stores to a new hub.
Walmart said in April it was moving stores to the new center.
This is not the first time that the retail giant has announced a move away from its traditional stores.
The company last year closed its namesake store in Chicago and announced it would shutter stores in more than 70 other U.S. cities.
The chain has also closed several stores in Texas and Nevada, as well as several in Canada.
At the end of June, the company announced that it had eliminated 7% of its stores from its footprint, and that it would close its remaining stores by the end the year.
In a statement, Walmart said that while the move to consolidate its retail footprint has been painful, it was also necessary.
“We made this decision because we realized we couldn’t continue to compete on price with a global marketplace where consumers are increasingly willing to pay more for better quality and value,” the statement said.
In an attempt to address its high inventory, Walmart is now reducing the number of products it sells online to 10,000 from an average of 30,000.
The number of Walmart’s online stores has also decreased.
While the company will continue to sell merchandise at stores, the retail chain is also looking to expand its online offerings.
According to the company, the number one reason for its online sales is because of the availability of new products that have not yet been made available in stores.
Walmart has said it will open more than 5,000 stores in 2017, with 1,500 in the U.K. and 2,000 in China.
“The new Walmart will offer shoppers the best selection and selection at lowest prices, and it will also help us accelerate the transition from our current online retail stores to online retail in the United States,” said Wal-Mart Stores, Inc. President John Mulligan.
The move comes after Wal-mart, Walmart’s parent company, reported a quarterly loss of $1.7 billion.
Wal-marts annual profit fell by 19% in the fourth quarter.
As part of the move, the retailer is also announcing a major expansion of its online marketplace, Walmart Connect, with more than 600 stores planned across the U and Canada.
The online marketplace will include stores, online payment services, a catalog, Walmart gift cards and more.
Mulligan said in a statement that the goal of the new online marketplace is to create “more value for consumers and our associates, while creating more opportunities for Walmart to offer a variety of brands and offers.”
The announcement comes on the heels of another major shift by Walmart.
On Friday, the U,S.
retail giant said it would be closing the doors of all stores in the Northeast, including New York City, New Jersey, Massachusetts and Vermont.
The stores are scheduled to close in early March.
Wal-mart said it was canceling more than 1,400 stores across the Northeast.
The decision comes after Walmart announced plans to consolidate all of its retail operations into a new facility in North Carolina. Read more The company is expected to close its U.P. stores in Pennsylvania, Delaware, Maryland and New York, according to CNN.
Earlier this month, the chain announced it was closing more than 300 stores across North America.
Last week, the American Apparel Association said that more than 50% of the country’s apparel retail stores had closed.
The association said the stores were the second-most impacted in the country behind Walmart.