Walmart is closing 22 stores this year, and the list includes four in Chicago and one in Richmond, Virginia. The Richmond location will close July 28, with more announcements expected soon.
The company says these stores simply weren’t performing well enough to stay open. While Walmart appreciates its customers, tough financial realities mean some locations have to go.
This move reflects the changing retail world—fewer people shop exclusively in stores now, and companies like Walmart are adjusting. That means closing underperforming locations while expanding online sales and keeping successful stores running.
For now, employees and shoppers in affected areas will have to find alternatives. But Walmart’s overall business isn’t slowing down—it’s just evolving.
