Posted on 02/13/2023 6:47:45 AM PST by PBRCat
Some suburban Chicago shoppers will soon have one less option nearby to buy groceries and other goods: Walmart.
According to a Wednesday announcement from the retail giant, Walmart will including one of the company's first pick-up store in Lincolnwood, located at 6840 N. McCormick Blvd. The other two closures are planned for the Plainfield Walmart, at 12690 S. Route 59, and Homewood, at 17550 S. Halsted St.
“We are grateful to the customers who have given us the privilege of serving them at our Homewood, Lincolnwood, and Plainfield locations. We look forward to serving them at our other stores in the surrounding communities and on walmart.com,” the company said in a statement.
The Walmart store in Lincolnwood will close by Feb. 17, a report from the Chicago Tribune says. The other two locations are set to close Mar. 10.
In a Facebook post, the village of Flossmoor detailed the letter it was sent by the corporate affairs division of Walmart, informing the community of its plans to close the store.
"This decision was not made lightly and was reached only after a thorough review process," the letter reads. "We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations. While our underlying business is strong, this specific store hasn’t performed as well as we hoped. There is no single cause for why a store closes - our decision is based on several factors, including historic and current financial performance, and is in line with the threshold that guides our strategy to close underperforming locations."
Plainfield is in Kendall County IIRC.
L
That’s going to put a lot of BLM rioters and looters out of jobs.
People walk in fill up a cart and walk away without paying ?
CEO Doug McMillon did say in December on CNBC that retail theft which he said was at record levels will lead to either ‘higher prices’ or ‘stores closing’.
A general statement not singling out any stores.
Brought to you by the Democrat Party and their soft-on-crime policies.
I’m so old I remember when Chicago didn’t WANT any wal-marts because they were predatory.
Now it’s going to be “you wypipo be creatin food deserts”
A lot of the times the thieves get a job there and on truck day, they steal the merchandise before it ever gets scanned in.
Shoplifting.
“Some suburban Chicago criminals will soon have one less option nearby to steal groceries and other goods: Walmart.”
Fixed!
The Chicago area, and Illinois in general, are pretty lax about enforcing “petty” crimes like shoplifting. Add to that, pilferage by employees, and it soon becomes no longer economically feasible to maintain a presence. So another box store abandons the market, leaving what might be opportunity for small niche retailers to jump in, except the shoplifters come after them too, and they are soon out of business.
Prosperity falls to a very low level for everybody.
they try to do that in the Birmingham area. Witnessed it 2 times in the last month. They got caught. Hint: if the walmart has gates at the entrance, its got a lot of shoplifting.
In Florida it’s a felony when the shoplifting’s over $400.
Under Illinois law, retail theft may be a misdemeanor or a felony depending upon the value of the items stolen. Under Illinois law if someone steals goods worth more than $300, the crime should be charged as a felony.
Foxx ignored the law and stated that she will not prosecute shoplifters as felons unless they stole more than $1,000.00 in merchandise.
Without penalties, shoplifting has increased dramatically.
It depends on the dollar amount as to whether shoplifting would be considered a felony crime or not.
The Chicago area did not have Wal-Marts because of political pressure brought to bear by unions who were allies of the local elected officials. Wal-Mart has a deserved reputation for its hostility towards organized labor.
Walmart’s computer system is such that they know their inventory from warehouse to truck to store.
The only thing they aren’t sure of is the shrinkage in the store even though they have a location where empty wrappers, boxes, etc. are to be placed when found by stockers.
Stealing items off a shrink wrapped pallet often higher than your head would be extremely difficult. There are times when a trailer arrives that’s literally packed so no excessive space is left between the items and a roller conveyor is used to unload and place on pallets
That’s the exception rather than the rule.
Once a year an outside company inventories every store.
I never saw a broken case.
Pack of Gum: $401, ($400 discount for paying cash).
Cola: $402, (400 discount for paying cash).
Everything in my store would have a list price of over $400.
Urban America is becoming devoid of decent, rational, productive citizens. Only a fool would voluntarily live, start or invest in a business in such Democrat run horrible places.
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