Walmart shuts down 4 stores in Chicago due to financial losses.

Walmart is closing four of its Chicago stores due to annual losses of tens of millions of dollars. The affected stores will close on Sunday, and employees will be eligible to transfer to other Walmart locations. The company has invested hundreds of millions of dollars in the city, but its efforts to improve the stores' performance have not been successful. Walmart hopes to repurpose the buildings it is leaving behind and keep them as important parts of their communities.