chicago

The Problem with a Chicago Municipal Grocery Store

By Peter Jacobsen Source: Fee Stories Chicago's new mayor, Brandon Johnson, is experimenting with a surprising new city policy— government-run grocery stores. The policy idea was announced by Johnson earlier this week. "I am proud to work alongside partners to take this step in envisioning what a municipally owned grocery [...]

Walmart abruptly closing four underperforming Chicago stores, citing millions in annual losses

By Noah Sheidlower Source: NBC News Walmart announced Tuesday it will abruptly close four underperforming Chicago stores, citing millions in annual losses. The company said its eight Chicago stores collectively have not been profitable since the first opened 17 years ago. This has amounted to a loss of “tens of millions [...]