BY DR. GLENN MOLLETTE
If your outgo exceeds your income, your upkeep will be your downfall. This principle applies to us all, even Walmart.
Walmart has been the largest company in the world by revenue since 2014, but they are closing 20 stores this year. Is your town on this list? Most likely, you hope not, as most Americans shop Walmart at least occasionally. For many it’s their go-to destination weekly for groceries, electronics and much more.
Here are the latest store closings provided by Yahoo.com.
Arkansas:
3701 SE Dodson Road, Bentonville (Pick-up only concept)
DC:
99 H Street NW, Washington
Georgia:
1801 Howell Mill Rd NW, Atlanta
835 M.L.K. Jr Dr NW, Atlanta
Florida:
6900 US Highway 19 North, Pinellas Park (Neighborhood Market concept)
Hawaii:
1032 Fort Street Mall, Honolulu
Illinois:
17550 South Halsted St, Homewood
12690 S. Route 59, Plainfield
840 N. McCormick Blvd, Lincolnwood (Pick-up only concept)
1511 Camp Jackson Road, Cahokia
8431 S. Stewart Ave, Chicago
4720 S. Cottage Grove Ave, Chicago
2844 N. Broadway, Chicago
2551 W. Cermak Road, Chicago
Indiana:
3701 Portage Road, South Bend
Minnesota:
1200 Shingle Creek Pkwy, Brooklyn Center
New Mexico:
301 San Mateo Blvd. SE, Albuquerque
Oregon:
4200 82nd Ave. SE, Portland
1123 N Hayden Meadows Dr., Portland
Texas:
24919 Westheimer Pkwy, Katy (Neighborhood Market concept)
Washington:
11400 Hwy. 99, Everett
Wisconsin:
10330 W. Silver Spring Dr, Milwaukee
Walmart plans to closehalf of its stores in Chicago. This is a reversal of the retail giant’s high-profile commitment in 2020 to expand in the city as part of its corporate racial justice initiative.
Walmart recently announced that it would close four poor-performing stores out of the eight it operates in Chicago. Three locations are in Chicago’s South and West Side neighborhoods, which are predominantly minority and have long struggled with grocery and retail access. One of the stores is in Chicago’s North Side, which is predominantly white and more affluent.
The announcement comes after Walmart highlighted its efforts in Chicago as a “critical part” of its broader $100 million pledge to advance racial equity in 2020. (CNN)
Walmart said the closings are due to a lack of profits, theft, and security issues. (CHICAGO (WLS)
Walmart is not the United States government. They can’t keep pumping money into a store or city that loses millions of dollars annually. Walmart is a business that has become the largest company in the world by making a profit. Communities who steal more from their Walmart or any store than they pay for at the register can most likely expect to see their store closed.
Dr. Glenn Mollette is a graduate of numerous schools, including Georgetown College, Southern and Lexington Seminaries in Kentucky. He is the author of 13 books, including “Uncommon Sense,” “Spiritual Chocolate” series, “Grandpa’s Store,” “Minister’s Guidebook Insights from a Fellow Minister.” His column is published weekly in over 600 publications in all 50 states. Listen every weekday at 8:56 a.m. on X.M. radio 131, visit him online at glennmollette.com. “Grandpa’s Store” is a fun and adventure-filled story from the perspective of a child and young teen in the late 50s and early 70s, an era of simpler American small-community life. Available on Amazon and wherever books are sold.