Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Or perhaps poor management. Walmart put up with losses there for 17 years, since day one, and then gave just five days notice before shutting down the stores. Not an indication of good planning skills, and certainly not good public relations. Not to mention running afoul of federal and state laws requiring months of advance notice.
While there are other nearby retailers in Honolulu (per @Crash), apparently there aren't any remaining large retailers downtown. How does this affect residents who don't drive?
Closure of last big downtown retailer, Walmart, prompts fears
First the downtown Walgreens closed about a year ago, followed six months later by the shuttering of the neighborhood Longs, and now the last major retailer, Walmart, plans to shut its doors after April 21
Comments
The Honolulu closing was announced a month in advance. While longer, that might also be in violation of federal law, given that the shutdown affects 169 workers there.
https://www.kitv.com/news/business/walmart-store-in-downtown-honolulu-closing-in-april/article_fd2a9b04-c83f-11ed-89da-43bbf9638632.html
The issue in Chicago is not the loss of a retailer, but of supermarkets in food deserts.
https://www.businessinsider.com/walmart-closing-chicago-stores-sparks-outrage-2023-4
While there are other nearby retailers in Honolulu (per @Crash), apparently there aren't any remaining large retailers downtown. How does this affect residents who don't drive? https://howzitkohala.com/2023/03/22/closure-of-last-big-downtown-retailer-walmart-prompts-fears/
(The full piece is from the Honolulu Star Advertiser behind a paywall.)