Walmart closing half of its Chicago stores by Sunday, saying they are not profitable.
Walmart will be closing four stores in Chicago by the end of the week, or half of its locations in the city, saying the closing stores have long been losing money.The Chatham Supercenter at 8431 S. Stewart Ave.The Lakeview Neighborhood Market at 2844 N. Broadway.After those stores close, their pharmacies will remain open for up to 30 days to continue serving patients.
"The decision to close a store is never easy. The impact is greater than just closing a building. It affects people — people who work in, shop in and live in communities near our stores — and we never take that lightly. Treating people and communities with respect and compassion during this transition will guide everything we do," the company said in a press release.
Over the years, we have tried many different strategies to improve the business performance of these locations, including building smaller stores, localizing product assortment and offering services beyond traditional retail. We have invested hundreds of millions of dollars in the city, including $70 million in the last couple years to upgrade our stores and build two new Walmart Health facilities and a Walmart Academy training center.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walmart announces 4 Chicago store closingsWalmart announced Tuesday it will close four stores in Chicago on Sunday.
Read more »
‘Chicago Fire,’ ‘Chicago PD’ and ‘Chicago Med’ Renewed at NBCDespite the many changes in the One Chicago world, “Chicago Fire,” Chicago P.D.” and “Chicago Med” have all been renewed, NBC announced on Monday. Dick Wolf’s pr…
Read more »
NBC Renews 'Chicago Fire,' 'Chicago Med' and 'Chicago P.D.' For 2023-2024 SeasonThe whole OneChicago slate has been renewed at NBC, with Season 12 for ChicagoFire, Season 11 for ChicagoPD, and Season 9 for ChicagoMed.
Read more »
White Sox trade José Ruiz to Diamondbacks for cash considerationsThe Chicago White Sox traded reliever José Ruiz to Arizona on Sunday for cash.
Read more »
Shot fired at police pierces windshield of unmarked CPD carShots were fired at Chicago police officers Sunday night in the Back of the Yards neighborhood.
Read more »
NBC Renews All Six Dick Wolf Series Including ‘One Chicago’ Franchise & ‘Law & Order’ TrioNBC has renewed all six of its Dick Wolf-produced shows including the One Chicago franchise — Chicago Med, Chicago Fire and Chicago P.D. — and the trio of Law & Order dramas including the mothe…
Read more »