Apr. 17, 2023 . Kathleen Krumhansl

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.

 

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