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The US Sun
Walmart closes four more underperforming stores after CEO’s recent comments – see if your state is on the list
By Aurielle Weiss,
2023-05-08
A MAJOR retailer has shut down four more stores in the Prairie State.
Just this year, Walmart locations in Illinois have been forced to abruptly close due to economic woes and low sales.
Four stores in Chicago shuttered mere weeks ago as each closed for good on April 16.
Weeks before, four other stores shut down across the state in Homewood, Plainfield, Lincolnwood, and Cahokia.
The abrupt closures mean that Illinois has shuttered nearly 10 stores.
While the Chicago stores have already closed, the pharmacies at those locations will remain for up to 30 days.
This means customers may pick up their prescriptions for about two more weeks.
The full list of Illinois store closures:
17550 South Halsted St, Homewood
12690 S. Route 59, Plainfield
840 N. McCormick Blvd, Lincolnwood (Pick-up only concept)
1511 Camp Jackson Road, Cahokia
8431 S. Stewart Ave, Chicago
4720 S. Cottage Grove Ave, Chicago
2844 N. Broadway, Chicago
2551 W. Cermak Road, Chicago
CLOSING DOWN
Altogether, the large retailer has closed down 20 locations across the nation from the following states: Hawaii, Indiana, Washington, Minnesota, and more.
While store closures may happen for a number of reasons, most were due to low sales, cleanliness, and customer experience.
Theft has also been a large issue in some areas, forcing Walmart to shutter multiple locations.
Regarding theft, chief executive officer of Walmart, Doug McMillon, told CNBC Squawk Box “It’s higher than what it has historically been.”
Portland, Oregon closed its final two stores due to record high theft and poor performance.
IN THE NEWS
While closures are plaguing the nation, it isn't all bad news for Walmart shoppers.
The company has put millions of dollars into its new store layout called the "store of the future."
Changes will be to its look and layout in order to improve how customers shop.
This includes bedroom and bathroom displays featuring Walmart products, similar to Ikea.
The displays also have QR codes that will take the customer right to the Walmart website to learn more about the product.
In addition to store layouts, the company will increase the number of Walmart Health centers from 32 to over 75 by the end of next year.
The plans allow for the first-ever centers to be introduced in Missouri and Arizona.
Currently, Arkansas, Florida, Georgia, Illinois, and Texas are the only states with Walmart Health Centers.
It's not just retailers closing down, major pharmacies have shuttered including three in one state.
Plus, after 50 years in business, a massive retailer has shut down all locations.
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