Walmart Will Reopen All Of Its Chicago Stores, CEO Says

Steve Miller
June 26, 2020 - 4:30 pm

(Photo by Justin Sullivan/Getty Images)

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Walmart says it will be re-opening all its stores in Chicago, after closing them because of looting and vandalism almost a month ago.

Mayor Lightfoot stood with Walmart’s CEO, Doug McMillon, on Friday to announce the retail giant will eventually reopen all eight of its Chicago stores.

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“Not only does this represent the return of 1,600 jobs, it also represents tens of millions of dollars of investment that Walmart is putting back into these communities," Lightfoot said.

Seven of its eight stores in Chicago were damaged by looters nearly a month ago, the company said. Only the Pullman store was spared. It is open now.

Related: Lightfoot Asks Walmart Not To Give Up On Chicago

Walmart officials say some of the seven stores will reopen at the end of July, and the Chatham and Austin Supercenters will reopen by the end of the year.

McMillon says that by reopening the stores, Walmart is making a $35 million to $50 million commitment to Chicago, even though the stores, collectively, are not profitable.

“I can’t speak to future years. Some future generation of Walmart leaders may come by and look at the profit and loss of these stores and make different choices, a store at a time, but this commitment that we’re making is big, and so we’re intending to be here to stay," he said.