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Tag: underperforming stoes

Walmart to close four underperforming Chicago stores due to annual losses

Posted on April 12, 2023April 12, 2023

Walmart, the world’s largest retailer, has announced the abrupt closure of four of its underperforming stores in Chicago, citing millions in annual losses. The company said that the eight Chicago stores, collectively, have not been profitable since the first store opened 17 years ago. The losses have been adding up, amounting to “tens of millions…

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