Walmart is not managing to get out of the maelstrom of mass store closures, besieged by strong competition from other chains, poor financial results, and an unprecedented escalation in self-checkout thefts. At least 18 stores in 11 US states that will leave hundreds of workers adrift and thousands of customers without their low prices.
The reason behind this move is to expand automation and move towards online shopping, which has become increasingly popular in recent years. Walmart is looking to adapt to the changing retail landscape and stay ahead of the competition. The list of Walmart stores set to close includes a Minnesota location at 1200 Shingle Creek Pkwy, Brooklyn Center, according to a recent news report. This is just one of many stores that will be shutting down as part of Walmart’s restructuring plan.
Walmart Is Moving From Stores to Online and Costumers Are Left Without Places to Shop in Person
In addition to the Minnesota location, Walmart will also be closing down stores in other states such as Arkansas, Georgia, Florida, Hawaii, Illinois, Indiana, New Mexico, Oregon, Texas, Washington, and Wisconsin. These closures will affect both regular stores and Neighborhood Market concepts, which are smaller stores that cater to the needs of local communities.
The closure of these stores will also have an impact on the local communities where they are located. Many of these Walmart stores are the only retail outlets in the areas they’re in, and their shutdown could leave residents without a convenient shopping option. The loss of jobs will also be a significant blow to the affected communities, particularly at a time when the economy is still recovering from the pandemic.
Walmart Tries to Compete to Amazon, Costco Online Services
Walmart has been a major player in the retail industry for decades in the United States, but it is facing increasing competition from online retailers such as Amazon, or Costco. To stay ahead of the competition, Walmart is investing heavily in automation and online shopping. The company is looking to streamline its operations and reduce costs, and this has led to the closure of several stores across the country.
The list of supermarkets to close is this:
- Arkansas: 3701 SE Dodson Road, Bentonville (Pick-up only concept)
- DC: 99 H Street NW, Washington
- Georgia: 1801 Howell Mill Rd NW, Atlanta & 835 M.L.K. Jr Dr NW, Atlanta
- Florida: 6900 US Highway 19 North, Pinellas Park (Neighborhood Market concept)
- Hawaii: 1032 Fort Street Mall, Honolulu
- Illinois: 17550 South Halsted St, Homewood, 2690 S. Route 59, Plainfield, and 840 N. McCormick Blvd, Lincolnwood (Pick-up only concept)
- Indiana: 3701 Portage Road, South Bend
- New Mexico: 301 San Mateo Blvd. SE, Albuquerque
- Oregon: 4200 82nd Ave. SE, Portland, and 1123 N Hayden Meadows Dr., Portland
- Texas: 24919 Westheimer Pkwy, Katy (Neighborhood Market concept)
- Washington: 11400 Hwy. 99, Everett
- Wisconsin: 10330 W. Silver Spring Dr, Milwaukee
Walmart Just Announced That Will Close Half of It’s Stores in Chicago, a Total of Four Locations
Walmart is shutting down half of its stores in Chicago, which is kind of a big deal because just last year they were talking about expanding in the city. But now they’re closing four of their eight stores in Chicago because they’re not doing so great. The stores that are closing are in neighborhoods on the South and West sides of Chicago, where it’s mostly people of color, and they haven’t had great access to grocery stores and other shops for a while.
It’s kind of awkward because Walmart was all like, “Yeah, we’re going to make a difference in Chicago and show how we can work together to make things better for everyone!” But now they’re closing stores in the very neighborhoods they said they were going to help.
This whole thing comes after Chicago’s leaders have been trying for over ten years to get Walmart and other stores to come to underserved areas to help boost the economy. But I guess it’s not working out so well.