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Chicago Sun Times
Chicago Sun-Times
11 Apr 2023
https://chicago.suntimes.com/authors/mariah-rush


NextImg:Walmart to close 4 Chicago stores by this weekend, saying these sites are ‘not profitable’

Walmart announced Tuesday that four Chicago stores will close by Sunday, joining other grocery stores — particularly on Chicago’s South and West sides — that have closed in recent months.

The four stores are in Kenwood, at 4720 S. Cottage Grove Ave.; Chatham, at 8431 S. Stewart Ave.; Little Village, at 2551 W. Cermak Road; and Lakeview, at 2844 N. Broadway.

After these closures, four Walmart supermarkets will remain open in the city.

The Chicago portfolio of stores overall has been “unprofitable” since the company came to the city, Walmart said in a news release.

The Chicago stores lose “tens of millions each year,” and yearly losses have almost doubled since 2018, the release said.

“Over the years, we have tried many different strategies to improve the business performance of these locations, including building smaller stores, localizing product assortment and offering services beyond traditional retail,” the company’s announcement said.

According to the company, city and community leaders have been receptive to meetings regarding challenges over the years.

“As we looked for solutions, it became even more clear that for these stores, there was nothing leaders could do to help get us to the point where they would be profitable,” the release said.

Pharmacies at the locations will continue to serve patients for 30 days following the store’s closure. All associates at the stores are able to transfer to other Walmart or Sam’s Club locations.

Mariah Rush is a staff reporter at the Chicago Sun-Times via Report for America, a not-for-profit journalism program that aims to bolster the paper’s coverage of communities on the South and West sides.