Walmart is closing 20 stores in 11 states, including Chicago-area stores.
File - An employee organizes beauty products inside the Walmart Supercenter in North Bergen, N.J. on Thursday, Feb. 9, 2023.
The closures have been announced in recent months and generally include locations that are considered “underperforming.” The nation’s largest retailer is also closing 5 ecommerce fulfillment centers across the U.S. and some of its “pick-up” only locations.The Chicago closures in particular were singled out for lack of profitability.
“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.
France Dernières Nouvelles, France Actualités
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