Walmart Shutting Down Four Stores in Chicago Due to Losses.

Walmart has announced the closure of four stores in Chicago due to lack of profitability, affecting employees and communities. Despite efforts to improve business performance, the stores have collectively lost tens of millions of dollars a year since the first store opened 17 years ago. Pharmacies at the locations will remain open for up to 30 days, and employees will have the opportunity to transfer to other Walmart or Sam's Club locations. Mayor Lori Lightfoot expressed disappointment and concerns about the impact on residents. Four Chicago stores will remain open.