More Walmart closings are on the way. Business Insider reports Walmart will close a Bay Area store later in May, as well as a Neighborhood Market in Milwaukee. This will bring the confirmed closures in 2024 to eight total.

Walgreens Boots Alliance ( WBA -0.35%) is in the midst of a turnaround strategy that includes launching hundreds of health clinics. In recent years, Walmart ( WMT 0.07%) has also shown interest in healthcare, opening dozens of health centers nationwide within its stores. But last week, Walmart announced it's giving up on that strategy.

Retail giant Walmart announced it is shutting down all 51 of its health centers across five states, as well as closing its virtual care offering. The company stated the decision was difficult but necessary due to lack of profitability and sustainability in the challenging reimbursement environment and rising operating costs of the care business.

"This decision was not made lightly and was reached only after a careful and thoughtful review process," Walmart said in a news release. "We have nearly 5,000 stores across the U.