Walmart is closing its store on University Avenue in St. Paul’s Midway next month.

“The decision is based on several factors including the store’s overall performance,” Tiffany Wilson, a Walmart spokeswoman, said in a statement.

The Walmart Supercenter slated to close is near Snelling Avenue and Allianz Field, the new soccer stadium. It is also next to a Target and a Cub Foods.

About 333 employees will lose their jobs, the company told a state agency, and will be paid through Nov. 8.

“We hope that most of the 333 associates will want to continue their career with Walmart by transferring to one of the many nearby stores,” the company said. “Walmart’s HR teams will help identify transfer opportunities and assist associates through the transfer process.”

The store, which first opened in 2004, will close Sept. 20, with its pharmacy closing a week earlier on Sept. 13. Prescriptions will be transferred to the Walmart store in Roseville unless customers make different arrangements with the pharmacy.

According to a recent report by Coresight Research, store closures among major retailers have already exceeded that from last year. Major retailers have announced 7,567 store closures so far this year, compared with 5,524 last year.

After closing more than 150 stores in the U.S. in 2016, Walmart has been closing just a handful of stores a year since then. It closed about 20 stores in the United States last year and more than a dozen so far this year. In total, Walmart has more than 4,000 stores in the United States.

St. Paul also recently lost its Sears store. Sears has closed many of its stores around the Twin Cities, including at the Mall of America, and around the country after its bankruptcy last year.