Why Is Every Walmart In The Entire City Of Portland Being Permanently Shut Down?
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.
A spokesperson for Walmart used very careful language to explain why these stores are being closed…
“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.
Of course this isn’t exactly the truth.
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