Posted on 07/11/2023 11:42:17 AM PDT by dynachrome
Walmart is closing 22 retail locations across the US this year, including four in Chicago, citing poor financial performance at each.
In the latest move, Walmart confirmed Monday that it plans to close a store in Richmond, Virginia, on July 28. "We are grateful to the customers who have given us the privilege of serving them at our Brook Road Neighborhood Market location," Walmart spokesperson Felicia McCranie said in an emailed statement to Insider.
"We look forward to serving them at our other stores in the surrounding communities including our Brook Road Supercenter just two miles away and on walmart.com." McCranie added.
The recent closures follow a trend of Walmart closing a handful of stores across various states each year, with the company saying that the stores are "underperforming" or falling short of financial expectations. In the case of Chicago, the retailer revealed in April that the four targeted stores "lose tens of millions of dollars a year."
(Excerpt) Read more at businessinsider.com ...
Oh man, the thieves hardest hit
>>>8 in Illinois alone. Underperforming = repeatedly looted.<<<<
I’m surprised about the Plainfield one. That is as far away from the ghetto as you can get. However 3 of the 4 in Chicago are in especially high crime areas. It’s funny how bad Walmart wanted to get into Chicago and Mayor Daley was fighting them. Now that Walmart got in, they want nothing to do with the City of Chicago.
EXACTLY
The one in Katy has to compete with several HEB’s and Kroger’s.
No.
The consumers do not magically disappear because you closed your store.
Who said they did?
If the “sacrificial” stores are not kept open I would assume the issue just spreads to the next nearest stores?
Nope.
Because they are in a different area that does not put up with theft.
Your "fainting goat" strategy is rejected.
I would guess criminals are stupid and lazy. If they’re smart they don’t do grab n’go type crimes....unless very high and untraceable goods.
Seriously, that doesn't surprise me, but I figured there would also be some in Commiefornia that would also get closed down. The one in Indiana surprises me though, South Bend is a busy city. I wonder what's happened up there to make that closing necessary.
See you in court.
I can believe that.
NOT SURPRISED.
Some of the stores are “concept test” stores or neighborhood market stores, or even e-commerce fulfillment centers. Report didn’t say if the stores were supercenters, or smaller Walmart stores. Or how many of each. From headline one might think that the big stores are closing.
Meanwhile other ghettos are turning away Wal-Mart because it would end the area’s food desert, and gosh that would put race-baiters out of business.
I don’t know if they still do, but part of my job as a comp case manager has always involved in-state travel-and one of the things I liked about that was shopping the Walmart in small towns I went to before the big boxes there-they were certainly lower margin, lots of groceries, etc-I miss those stores-most of them are now big box and not the same...
I would have to agree.
What the “customers” aren’t stealing, the staff is.
Probably a factor-here in this rural area there is a Dollar General at every FM intersection with the state highway...
Only one in Florida and it’s one of those Walmart convenience stores.
Headline says “Here’s the list” yet you excerpted that list out of your posting. Why?
BI thanks you for the traffic.
22 ... out of 4,630. I’m sure they’ll be fine without those locations.
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