Walmart Is Shutting Down Half Its Stores in Chicago

Walmart is closing four stores in Chicago, cutting its footprint in half in the third-largest U.S. city after years of mounting losses. The closings mark a retreat for the nation's largest retailer, which faces tough competition in Chicago from the likes of Target, Albertsons, and Aldi. Walmart said it had tried and failed to improve its performance by building smaller stores, localizing its merchandise offerings, and investing $70 million in recent years on store upgrades.

More In Business

Box Office Glow-Up: How Anime Is Outshining Hollywood Hits

Paul Dergarabedian, Senior Media Analyst at Comscore, joins to break down the anime boom at the box office and what it means for the future of film.

The Future of Crime Solving: Longeye’s AI Workspace for Investigators

AI is reshaping investigations. Longeye CEO Guillaume Delepine shares how their AI workspace empowers law enforcement to uncover insights faster and smarter.

From Rates to Rent: Inside the Real Estate Rollercoaster

Frances Katzen, Managing Director at Douglas Elliman, joins to break down shifting housing trends, buyer behavior, and what’s next for real estate.

Rate Cut Reaction: Inside the Fed’s 25-Point Move and What Comes Next

Stephen Kates, Financial Analyst at Bankrate, joins to discuss the Fed’s 25-basis-point rate cut, inflation risks, and what it all means for consumers and marke

Inside Big Tech’s Earnings: How Alphabet, Amazon & Microsoft Stack Up

Big tech earnings take center stage as investors digest results from Alphabet, Meta, Microsoft, Amazon, and Apple, with insights from Gil Luria of D.A. Davidson

The Compliance Revolution: Closing the Risk Blind Spots with a 360-Degree Strategy

Goutam Nadella, Chief Product Officer at Smarsh, discusses the 360-degree view of risk in the context of compliance.

Big Business This Week: Building “deep tech” that matters

Maybe it’s not high-tech that’s the answer to improving the world, maybe it’s actually… “deep tech.”

The underdiscussed pure profit enterprise of movie rereleases

With rereleases being pure profit, why aren’t studios always doing them?

Why Consumers Are Hitting “Cancel”: Inside the Subscription Fatigue Era

Bank of America economist David Tinsley explains why streaming costs have consumers hitting cancel faster than play.

What September’s Inflation Numbers Really Mean: Insights From S&P Global

Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.

Load More