Walmart is closing four stores in Chicago, cutting its footprint in half in the third-largest U.S. city after years of mounting losses. 

Walmart is closing four stores in Chicago, cutting its footprint in half in the third-largest U.S. city after years of mounting losses. The closings mark a retreat for the nation's largest retailer, which faces tough competition in Chicago from the likes of Target, Albertsons, and Aldi. Walmart said it had tried and failed to improve its performance by building smaller stores, localizing its merchandise offerings, and investing $70 million in recent years on store upgrades.

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Walmart Is Shutting Down Half Its Stores in Chicago

Meanwhile, let's go back to Chicago Walmart closing four stores in the windy city, cutting its footprint in half there in the third largest US city. After years of mounting losses, the closings mark a retreat for the nation's largest retailer which faces tough competition in Chicago from the likes of Target Alberson's and Aldi. The Walmart says they tried and failed to improve their performance by building smaller stores, localizing their merchandise offerings and even investing $70 million in recent years on store upgrades.