Chicago Walmarts Closed: A Look at the Closures

Chicago's Walmarts have been making headlines lately, with several stores closing their doors. A total of 7 Walmarts have closed in the city since 2020, leaving many customers wondering what's behind the closures.

The closures are a result of a combination of factors, including declining sales and increasing competition from online retailers.

One of the stores that closed was the Walmart on 95th Street, which was a popular destination for shoppers in the surrounding neighborhood.

The store's closure was a blow to the local community, which had come to rely on the store for its everyday needs.

Check this out: Walmarts History

Walmart has announced the closure of four stores in Chicago, effective April 16.

The company cited poor performance as the reason for the closures, stating that the stores have not been profitable since they opened nearly 17 years ago.

These stores, located in Chatham, Kenwood, Lakeview, and Little Village, will be closing their doors, leaving thousands of residents without access to basic needs.

Consider reading: Sanrio Stores Close

The closures are part of a broader trend of Walmart pulling out of major metro areas, including Portland, OR.

The stores that will be closing are:

Walmart has invested hundreds of millions of dollars in Chicago, including $70 million in the last couple of years to upgrade stores and build new facilities.

However, these efforts have not improved the stores' performance, and the company has decided to focus on keeping the remaining four stores in the city open.

Pharmacies at the closing locations will remain open for at least 30 days to serve customers.

Alderman Howard Brookins expressed disappointment and concern about the store closures, highlighting that only half of the employees will follow Walmart to a different location.

Mayor Lori Lightfoot is "incredibly disappointed" by the decision and believes it will create barriers to basic needs for thousands of residents.

Father Michael Pflegar called the closures "a total disrespect to the city."

Four Walmart stores in Chicago will be closing their doors, affecting thousands of residents. The stores, located at 4720 South Cottage Grove, 8431 South Stewart, 2844 North Broadway, and 2551 West Cermak, will be shutting down by Sunday, April 16.

The closures are due to the stores' poor performance, with Walmart stating that they have not been profitable since the first store opened 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.

The remaining four Walmart stores in Chicago will continue to operate, with the company hoping that the closures will drive more foot traffic to these locations. However, outgoing Mayor Lori Lightfoot expressed disappointment in the news, stating that the departure of these stores will create barriers to basic needs for thousands of residents.

The stores that will be closing are:

Walmart has invested hundreds of millions of dollars in the city, including $70 million in the last couple of years to upgrade its stores and build new facilities. However, these efforts have not improved the stores' performance, leading to the closures.