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 [...]

2023-04-13T21:25:26+00:00April 13th, 2023|Tags: , |

People Now Spend More at Amazon Than at Walmart

By Karen Weise and Michael Corkery Source: The New York Times Amazon has eclipsed Walmart to become the world’s largest retail seller outside China, according to corporate and industry data, a milestone in the shift from brick-and-mortar to online shopping that has changed how people buy everything from Teddy Grahams [...]

2021-08-18T22:02:13+00:00August 18th, 2021|Tags: , |
Go to Top