Walmart announced it will close 22 retail locations across the U.S. this year, including four in Chicago, due to poor financial performance at these stores. One of the closures will occur in Richmond, Virginia, on July 28, marking the first of several planned shutdowns.
Felicia McCranie, a Walmart spokesperson, expressed gratitude to customers for their support at the affected stores, including the Brook Road Neighborhood Market. These closures are part of Walmart’s broader strategy to streamline operations and focus on more profitable areas.
As the retail industry adapts to shifting consumer habits, including increased online shopping, Walmart’s decision to close stores reflects this trend. The closures may impact local jobs and convenience, but Walmart reassured customers it will continue to serve them through online services and nearby locations.