Walmart, the retail behemoth, is scaling back its Bay Area presence by shuttering an East Bay store in Fremont. Set to close on May 24, the location at 40580 Albrae St. is ceasing operations, affecting 156 employees, who have been allowed to transfer to other nearby Walmart stores. The announcement came on Thursday, marking a strategic move by the retailer in response to the underperforming financial outcomes of this specific branch.