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NEW YORK — Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market.

The stores being shuttered account for a fraction of the company’s 11,000 stores worldwide and less than 1 percent of its global revenue.

More than 95 percent of the stores set to be closed in the U.S. are within 10 miles of another Wal-Mart. The Bentonville, Arkansas, company said it is working to ensure that workers are placed in nearby locations.

The store closures will start at the end of the month.

The closures include the following four stores in southeastern Wisconsin, all of which will close to the public on Jan. 28:

Wal-Mart at 5825 W. Hope Ave., Milwaukee

Neighborhood Market at 3850 N. 124th St., Wauwatosa

Neighborhood

Market

at N88W15559 Main St., Menomonee Falls

Neighborhood Market at S14W22605 Coral Drive, Waukesha

The announcement comes three months after Wal-Mart Stores Inc. CEO Doug McMillon told investors that the world’s largest retailer would review its fleet of stores with the goal of becoming more nimble in the face of increased competition from all fronts, including from online rival Amazon.com.