What Walmart's pullback from Chicago says about Corporate America's limits | CNN Business

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'The largest retailer in the country announced plans this week to close four of its eight stores in Chicago, citing growing financial losses,' writes Nathaniel Meyersohn. 'Three are in predominantly Black and low-income neighborhoods.' | Analysis

But now, Walmart is pulling back from Chicago. The largest retailer in the country announced plans this week to close four of its eight stores in the city, citing growing financial losses. Three are in predominantly Black and low-income neighborhoods, and their closures with little warning mean residents — including elderly citizens and people without reliable transportation — will have to travel further to buy groceries and pick up their medications.

” Solving ‘food deserts’ A similar strategy to rely on national chains to help remedy so-called “food deserts” was a focus on the national level during the Obama administration. It too fell short. Walmart, Walgreens\n \n , SuperValu and other store executives joined Michelle Obama at the White House in 2011 to announce a pledge to open a combined 1,500 stores in communities that have limited access to nutritious food by 2016. But that effort stalled.

 

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Hey the community let Walmart go away they abandoned the Walmart. Racism is not to blame Democrats are to blame. The same thing happened in Portland. Walmart is tired of being looted. Heck if it were me I would have did the same.

They shut down Naugatuck Valley Mall in Naugatuck Connecticut years ago for the same reason, young street people stealing from the stores in the mall in record numbers. At that time they were also rushing the stores and walking out with stolen items.

Vote Democrat, suffer the consequences!

I wonder why?

CNN is so dishonest - they refuse to tell their viewers the reason is shoplifting. Thy are so complicit in all the problems, is amazing how that they believe people are to stupid to see it…

The_A_TeamNo9 And if they keep stealing, they will lose them too!

Too bad. Happened in Compton in the 70s.

Not a mention of all the looting? What company WOULD keep their stores in a city that constantly get looted? It’s the citizens fault they are leaving.

The people in those areas shouldn't confirm the stereotype...

Do u blame them

Have you reported on WHY? I didn’t think so.

Stop stealing and stores might stay in your area... 🤷‍♂️🤷‍♂️ Sounds crazy I know

Their own fault! if they can't abide by the basic rules of no shoplifting and damaging property. Then this is the outcome, it's called consequences for one's actions. But I'm sure they'll blame someone else of course!🙄😴 REAP WHAT YOU SOW...

But I don’t understand. They have been supporting and encouraging the rioting and looting. What went wrong?

stop stealing

Here’s the analysis, the kids that are fatherless are robbing stores with no consequences and the stores can’t remain profitable and thus close harming the hard working people. The thieves caused it who are enabled by the government.

CNN is so irresponsible and disingenuous with its coverage of this story. Not one mention of the crime in Chicago and how many times groups of criminals have entered the stores, stealing at will, with no police in sight, thanks to liberal politicians defunding the police.

Jeez, why do you think? I’ll say the hard part out loud. Retail theft makes the stores massively unprofitable. This trend of big box closures in predominantly minority communities will continue (see San Francisco, Portland) until cities enforce laws.

Here’s why

How about hiring more officers of the law? Is that a bad talking point for CNN in the morning meeting?

The incoming Mayor of Chicago basically said that looting is acceptable because these companies charge money for goods and services to earn a profit. Chicago is screwed

Snapping8Turtle Funny rhey didn't ask why Walmart was losing $$. We all know the massive 5 finger discounts, armful at a time would have nothing to do with it

CNN are just trash, tiptoeing round the blatantly obvious reasons for woke points 🤦‍♀️

tweetflick_app save

Criminals run the City, capitalism 101 works. When you suffer losses due to unchained corruption, what would anyone expect? Starbucks gets it, pull out before the loss is too great. CEO’s get it, the rest of you don’t it is obvious. Love it!

Shame on Walmart, they should do what whole foods is going to do, open new stores in black neighborh... Prrfrfrfffff hahahahaha!!!.... I am sorry, I couldn't hold my laughter.

Voters should feel the same way. When you destroy yourself, you should not be rewarded for it.

Growing financial losses...means no one shops there, or people are stealing too much? We would expect Walmart to be in low income neighborhoods, right? Shame they didn't either go there more, or steal less. It will leave a void, I am sure.

Shoplifting and crime are the top reasons these stores can’t succeed. Now the innocent will suffer from lack of resources.

Well, when you see mobs of people go in and steal whatever they want, and you as a member of the local population just sit back and don’t say shit…businesses gonna move. Good.

And now the criminals can't steal cheap shit from China.

You keep robbing/shop lifting/looting and they eventually leave.

It is too bad but you have to get control of the crime. These incidents this is past weekend not giving businesses confidence

'Have we determined why Walmart is closing these stores specifically?' 'Three are in predominantly Black and low-income neighborhoods.'

That's what happens when blacktavists, er mostly peaceful, looting, stealing BLM protesters, steal anything that's not bolted down! Sucked in to you !! I do feel sorry for the good people who no longer have a Walmart to shop at. As for the Blacktavists, you reap what you sow!!

How can you not even mention the real reason? What are you?

When you’d rather steal stuff than work and pay for it. You will lose businesses in your area. No one to blame but the lovely people of Chicago.

Nice job chicago now… who next to get the hell out of that democrat city

WALLYWORLD

The limits of being assaulted, burglarized, vandalized, robbed, retail theft, murdered, sexually assaulted, yeah, those limits. Walmart should boycott (close) all the stores in democrat run cities.

Great news. Chicago is horrible and very dangerous to be in

You reap what you sow. No one wants to do business where there is high crime

maybe Lebron and ilk should open stores there.

Just amazing how they lie by omission. Looting and robbery anyone?

Breaking news. Nine members of the Biden family have benefited from hunter bidens dealing with China and Russia and possibly other bad actor's

Maybe if people stopped robbing them they wouldn't close.

Really? Duh worst crime areas go figure.

Sure….

Actions, meet consequences.

Chicago made its own bed , now lie in it

Being soft on crime because it's 'woke', doesn't pay! It's insanely stupid.

I guess if the folks in those neighbourhoods changed it up once in a while and paid for the products they were walking out with... The stores might stick around. You reap what you sow.

Be tougher on crime. Increase the prison population, even double it. A substantial portion of the population needs to be locked up and removed from society. Democrats are pro-violent crime; the vast majority of violent criminals are democrat voters.

I bet stealing had a lot to do with it

And Amazon is not a viable option Packages will be stolen before the delivery notification is received!!!

Blaming racism in 3... 2... 1...

Thanks to just letting them run in and steal. Democrats caused this mess.

If Libs run it, it will run itself into the ground.

✅ Government should take over Walmart ? Problem solved 🍺

Democrats and Rynos soft on crime in cities that’s a fact. Call it what it is.

This is classic racism, where will they shoplift now?!

CNN going down because they were paid to lie to American People. Companies that goes woke goes broke.

Oh what a surprise!,🤡🙄

Ok. So should businesses be required to keep operating with losses?

Y’all looted yourselves right out of the stores you loot.

They get what they voted for

The article is complete BS. Never once does it mention the hordes of looters swarming the stores every day. Democratic blue states and cities have decriminalized crime. What did you think would happen? The decent citizens are getting screwed because of the actions of marauders.

Gee.. wonder if there is a correlation that should be objectively looked at without the racist lens.

Yeah, the high crime and low penalties for stealing have nothing to do with it right? It’s not a race thing, it’s a libtard thing

Close all of them in Ny. and Chicago and Ca.

Turning them into a military base or a fema camp. Who the f knows with Walmart. Another corrupt corporation controlled by the elite.

They don't deserve stores. Leave. Every business and all white people need to leave Chicago.

I didn't need an article to tell me this but it seems some people have no common sense when it comes to prices or why places close.

They should probably stop robbing the stores.

BECAUSE OF THE LOOTING THAT NOBODY TALKS ABOUT

STOP ROBBING AND THEY WONT CLOSE DOWN !!!!!!!!

Cnn support loot and crime now they are crying crocodile tears. Ask Johnson to supply groceries for free

Totally worthless interview. No discussion on theft. Problem not solved.

In most of the rest of the world, shops in poor neighborhoods keep everything behind counters - no self service. This is how shops everywhere were run till the mid 20th century.

🙄

No, three have been looted into closing their doors. Fixed it for you.

Really? Well GUESS WHAT?, Chicago:

Duh

This is what happens when you practically legalize looting. You left that out. Why?

So now its about racism?

Yep. Consequences.

CNN doing it's best to report the news without actually reporting why it happened. It's almost funny watching them trying to skirt around the subject.

Now the small businesses will be targeted and close...

Hmmm…see the correlation?

It's about time Walmart started looking out for the safety of its employees and customers, and its fiduciary responsibilities to its stock holders.

opportunity knocks TheSharkDaymond

Well if the residents of Chicago were stealing from Walmart, no business can operate on loses year in year out

Amazon bankrupts brick and mortar locations. Besides shoplifters, people don't want to be customer crime victims. Additionally, the Chinese Plague lockdown a driver with retail closings. Amazon picked up substantial market share. The ramifications are now manifesting.

Smart move by the store. They don’t need that crap.

Please tell me why I should care ?

Good move

It's horrible, because it sounds like its the only store..there are those in the community who do not blame walmart........

They’re closing because of crime. Theft. Violence. Welcome to urban inner city America. It’s always crime ridden

Save $billions

stop looting and destroying the stores pure and simple they’re leaving because they’re being robbed blind the stores are being decimated why would anybody stay don’t blame Walmart blame your own people start taking accountability for your actions start upholding the law

Wow, what a complete waste of my time watching that. Completely lacking in the journalism and analysis. Now I remember why I stopped watching “news.”

Karma's a bitch ain't it,, keep voting democrat, keep defunding the police, keep setting criminals free on bond, what do you expect Walmart or any other business to do when their stores are robbed and destroyed by mob's everyday? Chicago has done this to themselves..

Cidiots

When are they closing in Mexico?

“Wow Trump is ruining all of these cities! racism, trans, climate” -CNN

😂😂😂😂

Did stealing place?

Must be those damn white supremacists we've been hearing so much about stealing shit.

Hmmmmm. Is it a Wal Mart issue or Chicago. Pretty easy analysis

The only people to blame are the left and their crime wave. Blue states are out of business get use to it. In my city we just keep adding stores but we are in a red state that doesn't cater too criminal trash.

Well if you had a business and ppl were stealing from you like crazy where you were just loosing money what would you do?

🤣🤣 Is Walmart racist now for closing its stores due to BLACK PEOPLE, people in their own community, robbing the stores clean How can a business survive when its inventory is being stolen everyday? CNN wants to blame victim (Walmart) but not the criminals 🤣🤡

This private company doesn’t have problems where I live. I love the description they give like government of Chicago is going to somehow open and run a grocery store. Maybe if the govt could just stop the crime?

🤔 and the DNC is being held there?

Guess the people shouldn't steal.

Wow 😯 who would have thought that stealing products would make a store unprofitable? Stores should just give stuff away because that’s our rights to take what we want. Bigger shocking news is CNN reporting about it.

Gee, loss to theft isn’t profitable?

It’s clear to me it’s not Walmart, it’s the leadership of Chicago for letting criminals run free. And vilifying the police. I don’t feel sorry for the people that keep voting for the same type of leadership.

Your guy didn't even answer the question on why Walmart is closing, what a pathetic clown. 🤡🤡🤡

Democrats did that…

A weird detail - why the caption doesn’t just say WALMART versus largest retailer in the country

Let the Democrats burn down the cities! Real leaders will replace them.

Great opportunity for local traders.

No mention of the 4 that were recently looted by the unrest happening there either….

Neighborhood where a lit of.lotting and stealing goes on, causing loss of money for the store. No business would be dumb enough to stay in those areas. If they want society, they have to be part of it, and not the animals.

This was a good piece on the economic problem Walmart has in big cities, they are a business and shoplifting (which you did not mention) cuts hugely into their bottom line. They cannot lose money for years and justify keeping stores open.

Hey 👿👿 perhaps if you covered the news as a journalist instead of propaganda maybe you could help! Ohhhhh, but you promote chaos and evil! Shameful 👿

Maybe all the vandalism and theft is getting too expensive. They should have left as soon as theft was made legal. Woke zipper heads need to realize they are destroying their own neighborhoods. People need to stop being troops for the left.

What do you expect when people always ransack and destroy and steal. I blame the irresponsible people and the government in the city for allowing the crime

The government needs to step in and stop them from closing those stores. It’s pure racism to close them. Where will all those minorities get their stuff?

That is the democrats of IL fault for not keeping law and order. Pritzker is useless all he cares about is pushing the transgender bullshit behind the scenes.

just build a big weapons store so we can get rid of them. they will have each other six feet under in no time.

Blck thuggery Matters...

Maybe the answer is to defund the police again or some other genius liberal policy.

I guess supporting marxist groups like BLM isn't all it's cracked up to be.

Well, a good example of you get what you vote for (these days, woke democrats are a nightmare) to business when you ignore crime and its victims.

Seems to be a pattern... Maybe the Dilbert guy was right?

'Three are in predominantly Black and low-income extremely violent high crime neighborhoods.' There I fixed it for you!

They gettin tired of all the 'social justicin'' aka, looters.

Goonygoogoo

Lying Marxist Agitprop trash. This…is CNN.

So sad that they’re making it worse for their communities. Pretty soon no it will be like a Jewish ghetto with NOTHING!!! It will be a nightmare. I wish young people knew history and how easily they’re allowing it to repeat itself.

🤣🤣

Good let Chicago die permanently

It is normal for foreigners to have low income

And why is it that those stores cannot operate successfully? Why not cover the entire situation you hypocrites ?

How’s that defund the police workin out for them? Sad times we are living in. No accountability. No law and order. I feel bad for the youth there. It’s savage.

How can this happen in the USA? EndOfAnEmpire

And CNN knows something about losing

The government doesn't want you going out. They want you to shop online. Wake up people.

Smart idea! What do expect democrat run cities do not believe in law and order, just like California SF Walgreens closed down, too

My sentiments exactly, while the world is suffering here in the United States , businesses closing left and right ,but our government is investing in homosexual fantasies of there’s ,, millions ,; I find this very disturbing while the world is coming to an END, rebuke them.

Here we go with racist crap why would anyone want to have a business anywhere that your not making a profit. Kinda like CNN. Pretty soon you'll be shut down for not making a profit ironic isn't it.

Theives

Without cars, the Chicago elderly can buy electric cars, there is 50% savings.towards food and meds

Quit stealing!!!!!!

Losing money and people destroy the city and stores with crime and theft and people are somehow surprised they left? Why in the world would they stay? This is a business! Have some respect for your city and stop voting in individuals who are soft on crime.

Yeah. Keep your stores open so we can keep looting them and stealing from them.

All the wealthy people will leave and there will be no one left to tax…sad

Give black people the opportunity to open their own hahaha black suphahaha market to operates.hahaha to see if they can take it.

Well that’s because the culture is rooted there.

Actions have consequences. Doesn't matter what you look like.

This is sad all the way around!

See, what you don’t read is that 1-17 of the top worst cities are democrat run cities! 1-17 out of twenty. Those are facts you can’t deny or blame on republicans. Watch and read more news sources than you liberal lying news. MSNBC TheDemocrats nytimes washingtonpost

And yet another victim of the insane democrat party that feels criminal activity should be rewarded! Everyone in those neighborhoods needs to complain to their nearest Democrat!

Who would’ve ever guessed if stores keep getting robbed, looted and damaged that one day they’d shut down. Color me shocked.

Let’s just quit w/the talking heads. We ALL know why these stores are closing.

Is it hard for you to comprehend? People (black people) are continuously looting and stealing from the stores, they're not going to stay open!

Can’t afford all the looting and robberies. Smart business move on Walmarts part.

Don’t shit where you eat, right FJB

Growing financial loss because of crime. So you are making room for as many warm bodies as possible. We see this. Because you use these cities to control the rest of the state. Enough people have left, you need to bring some back in. You don’t want just anybody coming back… You…

Good. When looters act like animals the company owes it to its share holders and employees to keep a safe environment and seek profitable goals.

And? The race grifters can try to scam all they want but the dollar always speaks loudest. For good or bad that’s always how it goes.

Who cares if they're in low income black neighborhoods? The point is they are shutting down because of theft. It's the community's fault, doesn't matter what they look like.

No surprise.

Democrats are a criminal scourge in government and on the streets. Get rid of Democrats so we can live in peace with honest government and almost no crime.

Baby steps CNN, although you reported that Walmart has been losing money in Chicago, you waited until the very end when it should have been the first detail reported. It explains everything.

Canadians ruin everything

And you wonder why?

gee I wonder why 🥷🏿

Guess those neighborhoods need to get control of their citizens. The criminals have ruined it for everyone.

So you’re saying the most theft occurs in predominantly black and low income areas 🤔

lol.. how conveniently the cnn is blaming it on walmart and the local vendors! 🤐😷

That’s because the criminal element in Chicago is predominantly in black neighborhoods so it makes sense to get the h3ll out

😂😂😂

cheli23

Until we zoo the wildlife, it's gonna be a jungle!

CNN abandoned any sense of irony a long time ago.

But you won’t say why they’re closing, will you?

and the last time I checked, private businesses aren't charities OR Punching Bags ..... so ..,... 🙃

Is it possible that rising crime in these neighborhoods is having an impact on these decisions? It may be difficult to run a business in an environment like this, as well as shop safely.

Walmart is smart enough to pull off of Chicago. Very similar thing happened when people were smart enough to pull out of CNN. Hopefully Chicago is learn from its mistakes - CNN did not

You voted for this..lol democRATS!

Tell the city to buy the stores and operate them at a loss

haha

Considering people can just walk out with whatever they want now and no one stops them are you shocked?

Gee…go the fc figure

Took long enough, this is just the beginning.

What part of that loss is from shop-lifting?

Pretty hard to make a profit when all there stuff gets ransacked and stolen . The videos are crazy of them being ransacked

Maybe stop letting citizens run wild with no punishment. I know. Crazy thought.

It was reported that theft is a major factor in the reasoning behind the closures....

Even a 4th grader knows why they're closing and yet CNN won't dare to 'go there'

They can’t staff the stores, they can’t sustain the losses from theft. The same scenario over and over. The community runs the businesses out of their communities.

You can’t blame them obviously they are not making money on them stores!

Yes & those neighborhoods are robbing businesses into oblivion! Why would any business take losses due to politicians enabling criminals by not having justice systems that are a deterrent to crime? It's exactly what those politicians deserve! DemocratsAreDestroyingAmerica

Steal mo

That’s the free market. A company can do whatever the fuck they want. Ask Meta. Ask Apple. Maybe a clever liberal will open up a grocery store and let the other liberals steal all their shjt.

BuT wAlMaRt HaS iNsUrAnCe!💩🔥

Chicago the Human Dump experiment

Report this!

How is this news. 'Store closes down in city where crime is rampant.' Wooooow, so crazy

Not prosecuting crimes, much like elections, has consequences

democrats don’t think there is a problem in Chicago. They don’t help the black community only promise them help to get their vote. At least Trump did more for the black community. Unfortunately democrats know how to brainwash them in believing they are helping.

Chicago is turning into Detroit, call and thank your democrat representative for this

Perfect opportunity for small black owned businesses to fill the void! Walmart is evil!

That's because joe biden let's niggas do what ever they his world niggas are above the law.

Bc culture?

Being looted on a daily basis

Weekly looting will do that

Yeah they’re financially worried about all the damn thefts & violence in their stores

What you get for voting democrat

Good. All retailers should leave.

It's OK. Whole Foods and Amazon will fill the void.

Why do you say financial issues when they directly cited theft. If we accept the truth and move toward fixing these systems instead of denying facts we could move much quicker toward enlightenment.

TOO many crazy libs and dems destroying cities and businesses. I cannot blame walmart for leaving. I would not go into that crap hole Chicago, san Fran or NYC... it is disgusting.

Go woke go broke

This is white supremacy!!!!

Ha ha ha

Lets see what they are going to do when everything is online and there are no stores or only opens by face ID lol where there is a check point lol !! great job retards keep stealing

Stay woke Chicago!

LOL. Let the lefties boycott WalMart. That will briefly cut down on the shoplifting.

Imagine that

When criminals come to your house you remove the criminals but when they come in your stores you shut down and move on common sense.

What does the skin color of the people who live around those locations have to do this. Does Meyersohn think Walmart doesn’t like black people, and if so, does he understand those were black areas when the stores opened?

They should close all 8

😂😂😂😂😂😂😂😂😂

chicago closing walmarts but leaving zoo gates open

If WalMart can't stay profitable you know it's bad.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 that's what happens when your cities aren't safe.

Stop looting!

It almost feels like the lack of law enforcement may have something to do with it.

DanHollaway GoWokeGoBroke cuchks

Can you blame them. It’s unsafe, they are being robbed blind and get no support from the local government.

They will probably claim it is due to racism but it’s due to rampant crime. Unchecked crime hurts low income communities the most!!!

Yeah, there's a reason for that. You close stores that lose money because of losses due to theft.

And what’s your point, racebaiter? If the stores were being looted into bankruptcy in “white” areas do you think it would be any different? cnn is a shit organization

Nice spin FakeNews like how you forgot to mention crime in a dem run sht hole. You suck !

For the uninitiated the word Chicago is pronounced Chicago. If you pronounce it like the actual CH then you're probably not from the city of Chicago

Don’t say it’s because of crime. Ya know the true reason they are leaving. And don’t expect any sensible business owner to move in to take their place.

Walmart 2020:'How will we survive the pandemic?!' Proceeds to make record profits Walmart 2023: 'We can't afford all this looting, so we're closing stores.'

Close all the damn Walmart stores. They make so much money for the Walton family, on the backs of their employees. Walmart has a policy not to hire a FT 40hr/wk employee, if they can hire two 20hr/wk employees, so as not to pay benefits.

Who's town are they going to go into and destroy next?

Perfect opportunity for wealthy black investors and there are many, to open jobs and security for the community

Sadly, the biggest losers are the employees. They actually have jobs they’re losing.

There's no reason for businesses to remain in cities, where there is no law enforcement capable of stopping criminals.. the city of Chicago citizens know they cannot rely on this mayor, and they must become vigilantes to take back their city.

They voted for what they wanted

But the same us happening in poor white neighbourhoods across the globe, and massively in the UK, so it's time for news to jump off the band wagon, it's went in far too much

Those stores are located in crime ridden neighborhoods, filled with people who feel entitled to 'shop' without paying.

Can’t blame them …

With a mayor who supports ransacking stores, shoplifting, shootings, beatings... what business would want to operate in Chicago?

Are you suggesting that they stay put and lose millions of dollars? I knew you were crooked but I never took you for fools.

I wonder why there closing those specific stores LOL

So, deal with it. Bring back the mom n pop stores. Just keep the thieves out, lol

What do you want them to stay open after people continuously steal from them security can’t stop them. Cops can’t stop them so close your doors. Open the store somewhere else.

🤣🤣🤣 Fake news CNN. “Republican disinformation on crime statistics for Democrat led cities…” “Retailer closing stores in Democrat led cities because of crime.” 🤣🤣🤣

It gives me extreme pleasure to watch not only democrat controlled cities but states implode and be destroyed by their own making. Keep electing TheDemocrats and allowing illegal immigrants into your states and cities, because we love watching the shit show. Popcorn 🍿 anyone

Blame the leftist policies that don't prosecute shoplifters anymore.

Leftist retailers running away from leftists sh*tholes they helped create, what went wrong?

In the end, the P&L determines the outcome. Nothing else matters.

This right here speaks for itself. CNN, always gaslighting everything but the truth.

Business reporter: Businesses can't solve problems.

News flash: Walmart is not a charity. Duh

What a surprise 🙄

Hilarious. Getting what they voted for.

And why is that CNN?let me communist democrats globalist policies destroyed community's on purpose by easy on crime to destroy America. It's bigger than people know.

CNN 😆😆😆

They got pissed off by the PITCHED BATTLES in, and THEFT from, their stores.. JUST like LA and Seattle

CNN will never, ever, ever, tell you that a certain group of people are the problem. They will call them 'Teens' and other disingenuous language to prevent being honest about 'who' is the problem. CNN is as trashy as the 'people' who ruined Walmart. 🐵

Maybe the new mayor can station some social workers at the ones remaining open. That'll do the trick! Dem 🤡

Now where are they going to shoplift?

You forgot to mention all the THEFT

|

Ut oh There goes all employees benefits from family and friends walk out discounts.

It’s probably because they simply hate black people. Obvious racism here. /s

CNN why don't you state what caused the financial losses in 'predominantly Black & low-income neighborhoods.'. Might this be the cause. So what next will they start to 'shop' in other Chicago stores? Its not just Chicago either & appears to be a growing culture & maybe too late

Maybe the locals shouldn’t have robbed them out of business.

Do not worry, there are ample opportunities for mass shootings elsewhere. Guns, ammo and frustrated people are readily available all over. I keep the fingers crossed :)

Gee I wonder what the problem is…..have some self respect for God’s sake people.

Wow CNN is that why they were robbed and looted with no police effort to stop the crimes? Walmart was in black neighborhoods? How about Walmart leaving as state in blue neighborhood?

Well how about start arresting and prosecuting people stealing shit

Why can't the liberal leaders control the crime?

Imploding neighbourhoods . Always the same race.

“Financial losses” 😂😂😂😂 you mean the theft and looting going on

The community is stealing the company blind.The thieves steal without any consequences & the police do nothing about it. The Community deserves to have no stores. People have become animals because of DEI philosophy that has been taught since the 70s. They just put a name to it.

George Siri's has plenty of money to open up retail store in these inter cities he so loves

What a coincidence! Never would've guessed that. Black neighborhoods are widely known for how safe and crime/drug free they are. All responsible, educated citizens.

Mostly peaceful protest

Hmmm....which group of individuals keep looting stores? Thank you BLM and Saint Fenty Floyd!

CNN why is walmart closing? Why don't you state that?

Chicago-unfit for a Walmart

🤣 makes sense. Then they are going to be whining that blacks don't have any shopping nearby. rAcIsM

He’s the man!!!

I’m going to my local wal mart today in support of them leaving Chicago. Good job Wal Mart.

AWESOME, YOU REAP WHAT YOU SOW !

Why would any business operate in a mostly black neighborhood? They are just asking to be robbed. Get out while you can

Racist Walmart! You should give your things to the low income, kind, caring people.

Self-destructive for these neighborhoods with shoplifting, looting, crime, etc. A lot of retail businesses are leaving, that a lot of jobs that will never return. Just adds to the downward spiral of once our GREAT cities, very sad to watch. Self-inflicted wounds.

What a surprise. Business invest millions into a location that is overrun by feral people who have been conditioned to think the rule of law doesn't apply to them. Why would anyone invest in a shithole city like Chicago?

If the thieves would stop stealing from them they might be able to stick around

They will have to find a new spot to steal from

Didn’t know a business HAS to keep open a store no matter how much money they lose … thought it was their right to close ANY store in ANY place for ANY reason especially one that isn’t making enough money to pay for operating costs

This is racism! How dare you put profits before the fact that these communities are suppressed! They are waiting for much deserved reparations. Once they receive these they will become responsible productive citizens. You will get your money back.

If the business is not making money then the logical thing to do is shut down the stores that are not profitable! It's how business is done!

It's a mystery, wrapped in an enigma.

The Walmart in Oakland closed up - too much theft - then they opened in the city next door- burned out in the 2020 riots. They rebuilt, but how long can they keep at it?

Hmmmm. Shoplifting will now be far less convenient.

Democrats are only good at running cities, states and countries into the ground...💁‍♂️

Imagine That! Is California Next?

They dindu nuthined Walmart right out of town lol

Things my mom use to say. 1. Don’t put all your eggs in one basket. 2. If a business doesn’t take care of it’s customers, another business will. 3. Government can’t solve all our problems. 4. Choose wisely with your vote. 5. Community problems are best solved by communities.

Burn Loot and Murder the Democrat way what a bright future

Blame the thieving mobs. Now their Moms won't have a place to go for inexpensive goods. Way to go thieves.

Shoplifting

Maybe they should stop raiding their own retail locations. No one has to do business with rampant thieves

Oh, well, Pete Butt=leg, said that the roads and traffic lights are racist, so I'm SURE that's why all this looting took place.

How could that be happening?🤣

Because of Joe Biden another Economic Failure so Walmart is closing stores! This would never of happened under President Trump. Our Economy is failing at every level with Biden and yet he is letting in Millions at our Southern Boarder and we the Tax Payers are picking up the tab

Awesome news.

Smart move . If you can’t be civilized , you don’t deserve it

Financial issues is putting it politely. It's The thugs are going in there and stealing everything. Plus, they get mental and throw fits and ruin merchandise. We see it on tik tok all the time.

Maybe people shouldn't loot and steal from them, then they wouldn't be leaving

Now, why is that exactly...

Walmart The largest 5-finger discount store for black people.

If they would reinforce the “No Animals Allowed” rule, they wouldn’t be in this predicament.

Stop stealing shit 🤷‍♂️

Citing massive amounts of stealing with no consequences is more like it.

And when that happens, the dems will cry racism.

CLOSE THEM ALL

Oh,no! Where are they going to steal from now?

is this expert still in high school?

Going to see more and more of this, mainly in areas of high crime and theft.

Is it maybe because they are getting stolen from at a rate that doesn’t justify them remaining open?

No one wants to invest in the slaughter house that is Chicago. No one!

Well start jailing criminals and it might get better. Otherwise it only gets worse.

This is what the voters wanted.

Actions, meet consequences

Incredible seeing the mental hoops people are jumping through to say this is about racism and not theft/violence. But they gotta keep up the fake narrative that everything is racist.

Do you think the constant looting has anything to do with their closings?

can you blame the retailers?

You left out the part of financial loss was due to theft and looting. I guess we know why those specific 3 were closed. What about the other one?

Not one single time did these corporate media talkging yaps mention the reasons at all. Part of a story with the real reason omitted. Not news.

And? Are businesses required to keep stores open and lose tens of millions of dollars because of the demographics of the surrounding area?

When your getting robbed on the daily, I would assume that alone would cause financial crisis. Maybe you should put less focus on the color of the neighborhoods they are leaving and look into why they are leaving

It's all about CRIME in Chicago. The Democrats running that city have no clue about keeping their citizens and busnesses safe. DefundthePolice and SoftonCrime DEMOCRAT policies results in death and destruction. Chicago voters needs to wake up.

It's the looting.

Which, coincidentally, is where all the riot, carnage, theft and property damage occurs.

Maybe BLM should take over the stores and the massive theft that comes with dealing with those people who just take shit and walk out.

Then tell those neighborhoods to stop stealing stuff from the stores

😂😂😂😂

Who wouldn’t want to open a store in this neighborhood. Come on man!

Poor people will cause the downfall..because they have no money to eat...manually orchastrated to bring in serveillance state....the rich are the last to fall

Stores in neighborhoods that allow looting and criminal activity with a new mayor that is promising to release even more criminals into civilized society is witnessing businesses move out. Why is this even a surprise to anyone other than CNN which will turn it into a race issue.

Where do you think all the people from Chicago & the big cities will go for food when they close down the only stores any of us can afford?

So the black community takes zero blame? Typical…..

These two turds circled the drain for almost 3 minutes and still didn't flush.

Financial issues because they can no longer afford the insurance necessary to cover the theft and destruction of their properties.

I would like to see what happens when smaller, local grocers with REAL food open up. Who is stuffing their pockets with lettuce? Walmart crushed the local economy in poor neighborhoods now the poor of the local economy is driving them out. Adios.

Gee, I wonder why they’re having “financial issues” 🤔

Clean up your nasty city then.

You didn't need to attend the Wharton School to understand that if you are losing money you will go out of business. Black people have done this to themselves.

'This is a racist attack on black people!This has nothing to do with profits! This is just another case of white supremacy keeping the black people down!' -Leftists. This is already exactly where this conversation is going with leftists. The left was quick to update their NPCs.

Now poor black people are going to have to carjack some more kias and drive to white neighborhoods to shoplift and jump on cars.

Don’t forget the Union bullshit!!! Better off leaving and let Chicago go the way of Detroit.

Even the biggest retailers can take only so much loss from theft. Don't be afraid to call it for what it really is.

If those neighborhoods would stop allowing the looting and trashing of stores, and injuring employees and customers entering/exiting maybe the stores could remain open. Some people just can't have nice things...

It’s called shoplifting. Which is out control by black youth. San Francisco, L.A., Chicago, are clear examples. Stop making excuses for them, hold them accountable.

Walmart should have closed these stores long ago. The gratitude of Chicago tribal citizens was to vote into office another extremist that will allow crimes like shoplifting and thefts to explode.

Holy mother of god, you are defending the city. Walmart would love to make money there but why on earth would a company stay if their stores are being looted and destroyed on a regular basis.

Solution: Impeach Trump!

Hmm! I wonder why?

Walmart is losing money from theft and from the overall lack of spend of the local customers. If they're not turning a profit, they close the store. What's the big deal about the race of the people around the locations? It's literally just a mathematical decision.

Liberal policies literally destroy civilizations. Now you have mobs of 300 roaming the most expensive areas of Chicago terrorizing tourists, destroying property, and looting. The response from the mayor? They’re just misunderstood. And yet democrats vote for more of this.

Yup. Makes sense.

Shocking 😑

'Three are in predominantly Black and low-income neighborhoods.' I can hear the screeches of RAAAACISM already.

YOu left out loaded with crime and record shoplifting. CNN is a criminal organization.

I’d move too if there was a ton of crime.

How are they going to get new TV's?

You gotta love CNN, never mention the high rate of shoplifting and stolen merchandise because that would upset their viewers. Brave reporting CNN, and why you're the 'The most trusted name in news.' Laughing, crying emoji.

Walmart is a “for profit business”, right? So no profits, no business, right? Hmmm … And Chicago crime is out of control, right? And “defund the police” is a thing, right? Oh, my head hurts.

Maybe the commie mayor can start a mini china child labor store chiraq mart; get the thugs off the street & give them a job, win win

This is what they voted for.

😂😂 black community needs help they are the problem

Businesses should accept being looted and robbed constantly

and what does that tell you

ya go watch the 100's of videos of black looters stealing and destroying

How’s that Democratic defunding the police and bail reform going. 😂

Don’t shoplift. I’d hope this would be a lesson. But, it won’t be.

And why did they close?

Stop the crime and constant shoplifting! But what do you people do? Get rid of one loser mayor and elect a worse liberal Demonrat ! Reap what you sow!

When the stores are consistently losing money due to high rates of theft, what did you think was going to happen?

Blue states have become lawless 🤡 In fact they reward criminals..

Makes sense. Hard to turn a profit when shoplifting is rampant and laws against it are ignored.

Those people shouldn’t be stealing. Pretty simple. You want nice things in your neighborhood, be respectful. They haven’t learned that yet.

Guy of a friend whose cousin knows a girl who dated a dude that lived in the outskirts heard it's a coordinated effort by people from the suburbs who drive in and steal to hurt the black community.

Fentanyl Floyd wasn't murdered.

Shocking… wonder where we thought the crime was happening 😂

It’s immoral for businesses to make a profit in Chicago. “The looters have rights”. CNN at it’s best

Financial losses from what? Tell the whole story.

I can’t imagine why…

Hard to believe.

'Turn your passion into profit! Let me help you set up an Etsy store and design trendy products from brainstorming to eye-catching designs. Get started on your entrepreneurial journey today and stand out with your own unique products on Etsy!' Etsy

They are closing because of theft. The salt of the earth citizens steal too goddamn much and they are taxed at a crazy rate.

cnn obfuscates the fact that these stores are being robbed blind. But don’t worry, the democrats sing start demanding that government subsidize these stores so that they can remain profitable and don’t move out of these crime ridden areas.

Hint.

LOL! I'm dizzy from the propaganda spin! It's not due to any FINANCIAL reasons, it's democrat CRIME!

No stories about the 'teen takeover'

Shoplifting, Shoplifting, Shoplifting Not Mentioned at all. Does CNN think we don't see their Avoidance to the real Problem?

It's a black crime thing just like mass shootings. Easy problem to solve but nobody wants to.

BLACKS DESTROY EVERYTHING IN THEIR NEIGHBORHOODS

Stop stealing

You really dont get it do you?!? How the mighty have fallen 🤦🏻

Go figure

now, I wonder why that would be....🤔

Three of them are in predominantly black neighborhoods according to FBI statistics African Americans commit 49% of all crime in America so it comes as no surprise that a majority of the stores closing are in these majority criminal neighborhoods

Perfect opportunity for local businesses to open instead and fill the void

Chicago voters made their bed.

High crime Chicago Politicians did nothing.

Liberals, CNN.. they start the fire, they see the building is burning, they clap and cheer, and when the building is completely burned to the ground, they blame the builder..😠😠😠

Kudos to for acknowledging that it only that crime is rife in this Democratic fiefdom but also that the people hardest hit by it are minorities.

Maybe interview a race hustler and ask them why Blacks are destroying their own neighborhoods by allowing/encouraging theft and violence against stores. You can play the mass looting videos during your interview.

Gee, ya think ? Black neighborhoods always had small mom & pop stores with extremely high prices with no competition. Then came Walmart , people got a break. Walmart leaves because of theft and destruction. Mom & Pop will be returning. Good talk !

When did the unrest in chicago stop

Well maybe the black leaders should condemn all the looting going on in their neighborhoods, so Walmart should just keep losing money. GTFOH

Perhaps democratic control is causing the problem…Chiraq will never get better under current forms of leadership and apologists for abhorrent behavior!

Maybe the Mayor should tell their citizens to stop stealing. Stealing has its consequences.

The mayor elect basically waving off the latest issue with “kids will be kids” is probably making Walmart feel better about this decision…Chicago machine smh 🤦‍♂️

Its Chicago what do you expect

The stores have not been profitable in 17 years what would you expect to happen.

back in my teens and early twenties I was a racist, everyone was a racist, I grew up in St Paul Minnesota there is all different cultures, and all cultures were racist, big time, remember you're taught racist. You just couldn't stroll down Selby and Dale or the Westside

But sanctions were imposed on Russia? How are they?

Good for them. Nothing about being a liberal condones shoplifting.

How dare Walmart not voluntarily get robbed and looted, that’s racist!

Yea bx they’re ransacking the stores. Do something about stealing and they won’t close. Obviously. Any idiot can see what’s been happening. Stop blaming it on not having opportunity. They’re stealing!!!!!

Now close everything in that liberal rat city. Detroit 2.0

Go woke go broke.

And yet some people still say systemic racism doesn’t exist.

Voting for clowns makes Chicago a Circus.

Gee I wonder why

Gotta fix the culture and get fathers back in the home, handouts and bellyrubs aren't going to help here.

Do you know how business works? When your courage people to shop at owners for the colour of their skin or gender why you mad about this?

'Three are in predominantly Black and low-income neighborhoods.' What is the connection here? This is a tough one!

Haha! Way to go blacks!

Good for Walmart. Fix your busted community and the broken culture.

This story brought all the bigots out. Read '......black and low-income....' and got excited, article be damned.

Everyone should pull out of Chicago. The mayor should get on his knees and apologize, beg the police force for forgiveness and instil security policies designed to curb riots.

Duh

Libs want your legal guns, they want your children, they want total control. Through fear they'll get it but first they need your guns and your permission

maybe elect politicians who will enforce laws

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