The upcoming store closures come shortly after Walmart CEO Doug McMillon warned in December that retail theft is “higher than what it has historically been” and that if not corrected over time, “prices will be higher, and/or stores will close.” “I think local law enforcement being staffed and being a good partner is part of that equation, and that’s…
read moreRetail giant Walmart is set to shutter multiple stores across three states after they failed to perform as well as expected, a company spokesperson has confirmed. A Walmart in southeast Albuquerque, New Mexico, is closing down in March after underperforming, as is the South Halsted Street, Homewood store in Illinois. One store located at West Silver Spring Drive in…
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