Rushville Walmart Set to Close

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The city of Rushville says Walmart (NYSE: WMT) has decided to close its store in the Rush County city. In a post on Facebook, the city says the closure will happen at the end of this month and affect 95 employees.

Walmart Director of Public Affairs and Government Relations Kevin Thompson told city officials the store was an "older, smaller store that was underperforming" and the decision to close it is final. No other details on the closure were released.

The announcement comes less than a month after Walmart unveiled plans to close more than 60 of its Sam’s Club locations throughout the country, including two in Indianapolis and one in Goshen. That same day, Walmart announced it would increase its starting hourly wage to $11 and provide additional benefits and bonuses to eligible employees.