Walmart in Columbus shut down due to not meeting “financial expectations” and held an equipment auction.

Ohio (WCMH) — COLUMBUS An auction will be held to sell remaining retail inventory and equipment, such as cash registers, checkout counters, display racks, laptops, and security cameras, from a central Ohio Walmart that closed due to not meeting “financial expectations.”

On Friday, starting at 10 a.m., the supercenter is holding a liquidation auction for the store located at 3579 S. High St., which closed its doors in February. Multiple shelving units, point-of-sale systems, security monitors, anti-theft systems, stock carts, hand trucks, ladders, and more will be up for bid.

“Here is your opportunity to purchase premium equipment, fixtures, and more at a small portion of the retail price,” reads the auction listing from Walmart. Whether you’re looking to find amazing deals, expand your business, or open a new store, this auction is not to be missed.

Bidding is also open for the remaining electronics in the store’s inventory, which include printers, laptops, tablets, and flat-screen TVs. In addition, there are small appliances, cleaning supplies, buckets, vacuums, floor scrubbers, and chairs, as well as furniture such as filing cabinets, desks, and chairs up for auction.

The auction on Friday takes place after the pharmacy and Walmart store closed on March 4 and February 16, respectively. Walmart said that after the location did not perform as expected, it decided not to renew the lease. Walmart has nearly 5,000 stores nationwide.

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Brian Little, the director of global communications for Walmart, stated, “We are appreciative of the patrons who have allowed us to serve them at our store on High Street in Columbus.” “We’re thrilled to continue serving them at all of our numerous locations in the area, online at walmart.com, and through home or business delivery of food.”

Every employee in the store was paid through May 3 and qualified for a transfer. After that date, eligible associates were given severance if they did not transfer. According to the company, pharmacy employees assisted customers in transferring prescription drugs to a different Walmart.

According to Walmart, the area won’t see any more closures.
Over 56,000 associates are employed by the company in Ohio, where it serves customers at 170 stores and Sam’s Clubs. Walmart operates four Sam’s Club locations and sixteen name-brand stores in the Columbus metropolitan area. Ohio state and local nonprofits received $49.2 million in cash and in-kind donations from Walmart stores, clubs, and the Walmart Foundation in the fiscal year 2023.

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Not every company in central Ohio has closed its doors and then put its equipment up for auction, like the Walmart store did. Following more than three decades of operation, Oscar’s Restaurant and Bar closed its doors on January 27. The following Monday, the restaurant held an auction to sell “everything by piece til done,” according to the description.

Prior to the structure being demolished to make room for a new Chick-fil-A, the furniture of the closed Mackenzie River restaurant, which was located at 1515 Polaris Parkway and had previously been Max and Erma’s, was put up for auction. Following the acquisition of all of Max and Erma’s locations by Montana-based Glacier Restaurant Group, which converted several of them into Mackenzie River restaurants, the restaurant opened its doors in 2016.

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