Walmart has closed more than two dozen stores in the Chicago area, including some that had been operating for years, including a flagship store in the Loop.
The company said in a statement that the closures were necessary to “improve operational efficiency, save money, and address customer feedback.”
The closures are being blamed on what the company called “significant and sustained decreases in our revenue and other operating costs due to increased competition from other major retailers.”
Walmart said it will continue to open more stores in Illinois.
The company said the closures “were necessary to provide Walmart with a more efficient and cost-effective business model that meets the needs of our customers.”
The company is the latest retailer to shutter stores in response to the fallout from the election of Donald Trump as president.
Last week, Macy’s also announced it would close stores in Ohio and Pennsylvania, as well as in a handful of other states.