Current Events > Economics
All Portland Walmart stores to permanently close in late March
Ptarmigan:
All Portland Walmart stores to permanently close in late March
https://www.kptv.com/2023/02/23/2-portland-walmart-stores-close-march/
--- Quote ---PORTLAND Ore. (KPTV) - The last two Walmart stores within Portland’s city limits will close in late March, the company announced.
The locations, at 1123 North Hayden Meadows Drive and at 4200 Southeast 82nd Avenue at the Eastport Plaza, will both close on Friday, March 24. Walmart says they are closing the stores because they were not meeting financial expectations.
“The decision to close these stores was made after a careful review of their overall performance. We consider many factors, including current and projected financial performance, location, population, customer needs, and the proximity of other nearby stores when making these difficult decisions. After we decide to move forward, our focus is on our associates and their transition, which is the case here,” a spokesperson with Walmart said.
People who live near the stores that are closing say the closure is going to have a big impact on them and low-income shoppers.
--- End quote ---
Walmart is completely out of Portland due to crime problem.
Drafe Hoblin:
I couldn't care less. Let the berg crumble-into depravity.
Old n Grumpy:
--- Quote from: Ptarmigan on March 04, 2023, 09:32:32 PM ---All Portland Walmart stores to permanently close in late March
https://www.kptv.com/2023/02/23/2-portland-walmart-stores-close-march/
Walmart is completely out of Portland due to crime problem.
--- End quote ---
But they don’t admit that crime is the problem..they will be labeled racist..
Dblhaul:
Can you blame them for leaving town? Once store security cant control thief's you might as well close up shop.
Eupher:
--- Quote from: Dblhaul on March 12, 2023, 03:24:57 PM ---Can you blame them for leaving town? Once store security cant control thief's you might as well close up shop.
--- End quote ---
Not at all, but it's not like Wally World is going to lose a ton of money.
Wal-mart has 20,000 stores in 28 different countries. Portland isn't even a blip on the radar screen.
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