Walmart closing more stores. Chicagoland affected by this. |
Those living in Chicago and its surrounding areas are fuming at the Walmart Corporation for its decision to close four additional stores after closing three last month. That brings the total to seven. The city already faces a epidemic of food deserts.
Walmart announced that they will shutter four locations.
The retail giant says the Chatham Supercenter, the Walmart Health center, and the Walmart Academy at 8431 S. Stewart Ave., the Kenwood Neighborhood Market at 4720 S. Cottage Grove Ave., the Lakeview Neighborhood Market at 2844 N. Broadway St. and the Little Village Neighborhood Market at 2551 W. Cermak Road will shutter this upcoming Sunday.
"The simplest explanation is that collectively our Chicago stores have not been profitable since we opened the first one nearly 17 years ago -- these stores lose tens of millions of dollars a year, and their annual losses nearly doubled in just the last five years," Walmart said in a statement.
"The remaining four Chicago stores continue to face the same business difficulties, but we think this decision gives us the best chance to help keep them open and serving the community," it added.
As expected, conservatives and white extremists are claiming theft, Democrats and Black people as the reasons for Walmart closing stores. They are blaming Lori Lightfoot and incoming mayor Brandon Johnson. They say that Walmart, Kroger and other retailers are looking out for their bottom line. We all know what their bottom line is, sprawl and billions.
These idiots don't even know it affects them as well.
Oh, well. They're too busy dumping their Bud Light in the toilet because they are offended that Dylan Mulvaney has an endorsement deal and they don't.
Communities should sue Walmart and big box stores for leaving vacant stores. They should force them to demolish the buildings, replant the area or encourage community grocers to replace them.
"We will continue working with local organizations, creating solutions to challenges faced by the city and country, including racial inequity and food deserts. We continue to help create and expand job opportunities and will leverage our resources to help strengthen the community, especially those underserved."
Walmart has struggled as well as Amazon. With inflation decreasing back to pre-COVID levels and people returning to buying stuff, retailers are doing better but not the way they used to be.
Walmart used to be 24 hour stores. They started closing select stores at 1am. Then the pandemic forced them to make the decision to make Walmart stores close at 11pm and some at 10pm.
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