Mega-corporation Walmart is pulling out of Portland, Oregon later this month, offering a host of different reasons behind the decision, as shoplifting and petty crime continues to be reported in the liberal city.
Walmart will formally close its final two locations within the Portland city limits on March 24, according to a report from local TV station, KPTV. In a statement, Walmart claimed it would find new places for its current employees, and new pharmacies for its customers, but stressed that the decision was made due to “many factors” in the city.
“The decision to close these stores was made after a careful review of their overall performance,” a Walmart spokesperson was quoted saying. “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.”
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