Univision Covers Up Crime as Motive for Walmart Chicago Closures

Kathleen Krumhansl | April 17, 2023
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GARCÍA FUENTES: Two days ago Walmart reported the closure of four of its eight stores in Chicago, explaining that they are having losses of tens of millions of dollars a year and that the losses have almost doubled over the last 5 years. The four stores that are closing are located in minority neighborhoods. 

This councilman says that the way in which the local government grants permits and incentives to large corporations needs to be reviewed.

BYRON SIGCHO-LOPEZ, CHICAGO COUNCILMAN: Not only have they received subsidies or grants to get in, but they made a promise to be here to stay. Unfortunately, what we see in such a short time (is that) many of these stores are already closed in the areas that need them most.

GARCÍA FUENTES: The shelves are already being emptied. They are also removing the names of the corporation and what remains? What remains is mainly a concern of the people to find medicines at low cost.