They have been threatening to close ours for years but so far it's still there. As a matter of fact they even expanded it a while back and added jelly rolls and fat quarters...although the quality of them kind of stinks so I hope that's not what I have to look forward to if they go prepackaged.
I know a lot of ladies though who either financially have no other option or because of location have no other option but to shop at Walmart and they will be really sad when it goes. :(