Walmart is closing half its stores in Chicago

[Boiler 45,442]

https://www.cnn.com/2023/04/12/business/walmart-chicago-stores-closing/index.html

 

Walmart announced Tuesday that next week it will close four poor-performing stores out of the eight it operates in Chicago. The locations are in Chicago’s South and West Side neighborhoods, which are predominantly minority and have long struggled with grocery and retail access.

The announcement comes after Walmart highlighted its efforts in Chicago as a “critical part” of its broader $100 million pledge to advancing racial equity in 2020.

“Chicago will be an example of what’s possible when we leverage business, government and community organizations for the good of all,” Walmart CEO Doug McMillon said in 2021.

It also follows more than a decade of intense efforts by Chicago political leaders to draw Walmart and other chains to underserved areas to spur economic development.

[Dashinka 24,479]

So if this is related to retail loss, won't this just drive the groups performing that to the other stores?

[Boiler 45,442]

2 minutes ago, Dashinka said:

So if this is related to retail loss, won't this just drive the groups performing that to the other stores?

I assume the stores being closed are in dodgy areas, maybe the others are better located? 

 

Might not be subject  to the volume attacks.

[Mike E 11,739]

@Neonred Chicago might be a better choice for a Floridian than SF.

[Neonred 3,562]

1 hour ago, Mike E said:

@Neonred Chicago might be a better choice for a Floridian than SF.

I can bring my guns, right?

 

And being from the south, I'm considering the south side of Chicago.  Good choice?

Edited April 12, 2023 by Neonred

[Mike E 11,739]

17 minutes ago, Neonred said:

I can bring my guns, right?

Sure you can

Quote

 

And being from the south, I'm considering the south side of Chicago.  Good choice?

Given the gun collection, you will fit right in.

 

edit: “roof top Floridians”

 

Once the grocery chains have disappeared, Chicago will depend on Floridians to operate corner grocery stores as LA depends on Koreans.

Edited April 12, 2023 by Mike E

[TBoneTX 45,248]

2 hours ago, Boiler said:

have long struggled with grocery and retail access

This is the problem with poor/minority areas that are in "food deserts," defined as no grocery access within a certain distance (2 miles?).  The market for grocery stores is there, but the already-thin profit margins don't justify putting a store into areas where multiple security officers must be paid for.

[Mike E 11,739]

6 minutes ago, TBoneTX said:

The market for grocery stores is there, but the already-thin profit margins don't justify putting a store into areas where multiple security officers must be paid for

 

The Los Angeles approach to retail security.

 

@Neonred this is your calling! 

[Boiler 45,442]

Security guards just watch.

[Neonred 3,562]

Just wondering.  I'm white.  If I move to Chicago will I be a minority?

 

And will I need a carry permit?  No longer needed in FL.

 

 

Edited April 12, 2023 by Neonred

[TBoneTX 45,248]

Just now, Neonred said:

Just wondering.  I'm white.  If I move to Chicago will I be a minority?

[suspicious tone]  What do you identify as?

[Neonred 3,562]

Just now, TBoneTX said:

[suspicious tone]  What do you identify as?

I don't know.  The whole "pronoun thing" has me confused.  

 

I'm just an old white guy...  just like Nature Boy.  LOL

[TBoneTX 45,248]

1 minute ago, Neonred said:

an old white guy

OWG?  OMG!

[Nature Boy 2.0 8,370]

1 hour ago, Neonred said:

I don't know.  The whole "pronoun thing" has me confused.  

 

I'm just an old white guy...  just like Nature Boy.  LOL

Old guy advice.  If you have not had your shingles shot get it 

[Neonred 3,562]

40 minutes ago, Nature Boy 2.0 said:

Old guy advice.  If you have not had your shingles shot get it 

That's on my to do list for this year.