The Brandon Johnson exodus has begun in Chicago. And he's not even been sworn in as mayor yet.
Four Walmart stores, one each on the North Side and Southwest Side, and two on the South Side, are closing.
Don't look for other retailers to move in.
From ABC Chicago:
In a news release, the company said in part, "Our Chicago stores have not been profitable since we opened the first one nearly 17 years ago - these stores lose tens of millions of dollars a year, and their annual losses nearly doubled in just the last five years. The remaining four Chicago stores continue to face the same business difficulties, but we think this decision gives us the best chance to help keep them open and serving the community."
The company said it has tried different strategies, including building smaller stores and offering services beyond retail, but says they have not improved stores' performance.
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