Walmart will close four stores in Chicago, halving the number of stores in one of the largest cities in the United States
Up to this point this year, the country’s biggest retailer has shut down areas in D.C., Portland and Atlanta
Walmart credited the terminations in Chicago to an absence of productivity the stores there have all in all lost cash consistently
We think this decision gives us the best chance to help keep the remaining four Chicago stores open and serving the community
Executives offered a muted outlook for the subsequent quarter despite a strong holiday season, and they are not alone