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Once the biggest jewelry seller in America, Walmart is gradually cutting the number of jewelry counters in its stores, sources say Found some phenomenal deals on some watches at Walmart due to the jewelry departments being closed down I was told by the lady in the jewelry department that Walmart was closing jewelry counters in a lot of stores but not all of them.
A jewelry vendor who sells to Walmart told me that the company has been making changes to its jewelry operation for the last few months While it isn't exactly exiting jewelry-it still sells plenty online-it does seem to be cutting back on its jewelry counters and overall sales One poster even complained that he or she was amazed that Walmart still has jewelry counters, considering how many returns, as well as "Theft, and shrink happens there" In any case, it seems that Walmart doesn't see jewelry as a core competency, and wants to move much of its jewelry sales online, where it is increasingly focusing its energy. Source
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