Walmart Announces Closure of Four Chicago Stores

Re:Walmart Announces Closure of Four Chicago Stores by richbell on Friday April 14, 2023 @04:13PM (#35574115)

Isn't Walmart's whole shtick that they move into an area and operate as a loss leader with the hope that their competition is forced to close?

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Re:Walmart Announces Closure of Four Chicago Stores by PKop on Friday April 14, 2023 @04:20PM (#35574221)

So it's probably that this has nothing to do with their competition then, and rather some other factor causing the continued massive losses and ultimately their pull-out.

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Re:Walmart Announces Closure of Four Chicago Stores by dmix on Friday April 14, 2023 @04:27PM (#35574294)

> and their annual losses nearly doubled in just the last five years

Something happened in the last 5yrs which made it untenable.

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Re:Walmart Announces Closure of Four Chicago Stores by floxy on Friday April 14, 2023 @04:17PM (#35574171)

I guess if you have deep pockets you can try for decades to put the local mom & pop shops out of business?

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