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Date: March 07, 2023 04:22AM
The video quotes Greg Abbott as the source.
Also see
https://original.newsbreak.com/@ash-jurberg-560946/2947303557818-walmart-closes-two-stores-in-portland-but-what-is-the-real-reason-for-thisThe statement from Walmart:
https://www.foxbusiness.com/retail/walmart-shutter-portland-locations-just-months-after-ceos-warnings-crime"Walmart announced it is permanently closing all of its locations in Portland, Oregon, over financial reasons.
"We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations," Walmart said in its announcement, according to KPTV. "While our underlying business is strong, these specific stores haven’t performed as well as we hoped."
"There are 17 other Walmart locations outside of Portland and Vancouver. A total of 580 employees will be affected by the closures, KGW8 reported."
"The retail staple announced other closures across the U.S., including in: Arkansas, Florida, Washington, D.C., Wisconsin, New Mexico and Illinois."
"A Walmart spokesperson told Fox News Digital when asked about McMillon's comments that "there is no single cause for why a store closes."
"We do a thorough review of how a store performs and weigh many factors before making the difficult decision to close a facility," the spokesperson said.
"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. Our focus right now is taking care of our associates during this transition and working with our customers to transition their pharmacy, and other, shopping needs to nearby stores."