Back in March, Walmart announced that they were closing their last two locations in Portland, Oregon .
Now they are announcing the closure of four stores in Chicago. Just like in Portland, the retailer is claiming that these stores are just no profitable.
In reality, people know that the real problem is crime, most likely massive amounts of shoplifting, which is to blame for the closures.
The Blaze reports: Walmart to close four Chicago stores Walmart announced that it will shut down four Chicago locations, noting that while four other locations will remain open, its Chicago stores have been losing money for years. “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. The remaining […]
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