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Walmart to Close Multiple Stores After They ‘Fail to Meet Financial Expectations’
Epoch Times ^ | 2/11/23 | Katabella Roberts

Posted on 02/11/2023 6:27:52 AM PST by CFW

Retail giant Walmart is set to shutter multiple stores across three states after they failed to perform as well as expected, a company spokesperson has confirmed.

A Walmart in southeast Albuquerque, New Mexico, is closing down in March after underperforming, as is the South Halsted Street, Homewood store in Illinois.

One store located at West Silver Spring Drive in Milwaukee, Wisconsin, is also shuttering next month, a Walmart spokesperson told The Epoch Times in an emailed statement. Another is shuttering at Route 59, Plainfield, Illinois, in March.

The spokesperson said the decision was “not made lightly and was reached only after a thorough review process.”

(Excerpt) Read more at theepochtimes.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Front Page News; News/Current Events
KEYWORDS: crime; inflation; retail; walmart
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And the economy is doing great! Biden told me so!
1 posted on 02/11/2023 6:27:52 AM PST by CFW
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To: CFW

Shoplifting theft locations?


2 posted on 02/11/2023 6:31:08 AM PST by nascarnation (Let's go Brandon!)
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To: CFW

this happened in my sisters neighborhood in suburb of Cleveland.
Low income apts within walking distance, what could go wrong?


3 posted on 02/11/2023 6:31:33 AM PST by ronniesgal (friends don't let friends be Kardashians)
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To: CFW

Shoplifting blacks hardest hit.


4 posted on 02/11/2023 6:31:54 AM PST by wildcard_redneck (Germans are bat-crap crazy for cold showers, high energy bills, and boiled fturnips.)
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To: CFW

Guess I’d better give up hoping for the WalMart north of me ever going back to, “OPEN 24 HOURS.”
I used to be able to go there at 2AM, stock up on dry goods and occasional coffee goodies for work, work my 12-hour shifts, then go straight home and unload my truck. Giving me more time at home on my days off.

Then...covid.
(Actually, government and enemedia’s response to covid)


5 posted on 02/11/2023 6:33:04 AM PST by RandallFlagg ("Okay. As long as the paperwork is clean, you boys can do what you like out there." -Fifi)
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To: nascarnation

The Albuquerque one is in a really sketchy part of town. Nobody who can shop at another will go there.


6 posted on 02/11/2023 6:33:17 AM PST by Tijeras_Slim
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To: CFW

Great- nkw where are antifa and ilk going to go to get their 5 finger discounts?


7 posted on 02/11/2023 6:33:36 AM PST by Bob434
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Then where are all the Teenz gonna shop?


8 posted on 02/11/2023 6:33:52 AM PST by dsrtsage ( Complexity is just simple lacking imagination)
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To: nascarnation

If there are any Target stores nearby, they had best double up on their security. There are about to get a whole new class of “shoppers”.


9 posted on 02/11/2023 6:33:58 AM PST by CFW (old and retired)
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To: wildcard_redneck

Not just blacks...lots of white trash methheads in the retail theft biz.


10 posted on 02/11/2023 6:37:29 AM PST by nascarnation (Let's go Brandon!)
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To: CFW

I’m a little worried about jo.
The school kiddies are not singing songs of praise about him?


11 posted on 02/11/2023 6:37:51 AM PST by Leep (Hillary will NEVER be president! 😁)
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To: nascarnation

Is that what they mean by “diversity” or maybe, “democracy”


12 posted on 02/11/2023 6:39:08 AM PST by Leep (Hillary will NEVER be president! 😁)
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To: CFW

Food desserts soon to come. Boo hoo.


13 posted on 02/11/2023 6:40:45 AM PST by Menehune56 ("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
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To: Menehune56

Dessert is my favorite course of the meal!


14 posted on 02/11/2023 6:41:43 AM PST by nascarnation (Let's go Brandon!)
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To: CFW
Related...

Walmart and Target Have a Big Problem They Don't Want to Fix The two giant retailers do something that most shoppers hate that they could easily change.

15 posted on 02/11/2023 6:41:44 AM PST by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
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To: CFW

Did they fail to factor in their ESG?


16 posted on 02/11/2023 6:44:19 AM PST by stevem
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To: wildcard_redneck

It reminds me of “food desserts” brought up by Michelle Obama.
Maybe the store owners figured something out…
Maybe inner city blacks aren’t buying arugula, radicchio and broccoli.
Maybe it spoils and is trashed over and over so they don’t stock it.

These stores probably have rampant theft.
Instead of blaming thieves, it’s a institutional racist issue…

NM isn’t the poorest or lowest IQ state, because Mississippi is a state…


17 posted on 02/11/2023 6:49:26 AM PST by EEGator
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To: CFW

Walmarts are the reason you have to actually go to a Walmart to see the Walmartians in their natural habitat. You never see them in any other stores.


18 posted on 02/11/2023 6:50:39 AM PST by FlingWingFlyer (Remember what FJB Brandon said, "...more than half of the women in my administration are women.")
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To: CFW
Total Retail Units on 10/31/22. 5,320 ; Walmart Supercenters. 3,572 ; Walmart Discount Stores. 365 ; Neighborhood Markets. 682 ; Convenience Store. 8. 3 are closing? How many new ones are going up?
19 posted on 02/11/2023 6:52:19 AM PST by dblshot
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To: CFW

Maybe people are getting tired of trying to shop at their stores and having empty shelves and yet employees are running around with carts having 8 to 10 blue baskets filling online orders because those customer$ are worth so many more $$$.


20 posted on 02/11/2023 6:53:22 AM PST by antidemoncrat
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