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What is interesting about this? Walmart has like 5000 stores in the country, they open and close some every year.

• kevingadd 4y ago
  It's potentially significant if it leaves a food desert in the area i.e. the walmarts pushed out/killed local competition, and then they close down which means there are no remaining stores for groceries etc. Not clear to me whether that would be the case here though.
• dubcanada 4y ago
  Ya I have to agree why is this on hacker news? When did this creep of just nothing to do with computers or technology start happening? This is just Walmart closing some stores...
• PKop 4y ago
  > collectively our Chicago stores have not been profitable since we opened the first one nearly 17 years ago – these stores lose tens of millions of dollars a year, and their annual losses nearly doubled in just the last five years. Is it not interesting that they ran never-profitable million-dollar losing stores for 17 years, and that the losses doubled in the last 5?
  • burkaman 4y ago
    No, I don't think so. That seems like a relatively normal thing for a megacorporation with 10,000 stores worldwide. I'm sure it's interesting to some people - if you live in Chicago, if you're an active Walmart investor, if you're a retail industry analyst, but none of that seems particularly relevant here. Presumably every news story is interesting to someone. Also corporate PR is not generally very trustworthy, so the only thing you can take at face value here is that they are closing four stores.