Walmart to shut down ‘neighborhood’ store after 8 years due to ‘underperforming’ and shoppers will miss the good pricing

WALMART buyers must find a new place to shop as one location is about to close.

Another Neighborhood Market location in Richmond, Virginia is scheduled to close later this month.

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The affiliated shop, pharmacy and fuel center will close on July 28.

The grocery store opened in 2015 and offers customers easy access to fresh produce, a bakery, deli, drive-thru pharmacy, and more.

A Walmart spokesman said the store “underperformed” and did not meet the company’s “financial expectations.”

“We are grateful to the customers who have given us the privilege of serving them at our Brook Road Neighborhood Market location,” a spokesman told The US Sun.

“We look forward to serving them at our other stores in the surrounding communities, including our Brook Road Supercenter just two miles away and on walmart.com.”

Shoppers fear the closure will leave many residents without grocery options.

“I think it’s just going to be unfortunate for some people because this area is kind of a food desert,” DeWayne Jeter told NBC 12.

“This will be one less place and that would be unfortunate as they have pretty good prices and a nice selection of things.”

Another customer, Nico D’Archangel, said the Walmart feels “more open and secure” than a nearby Dollar Tree Food Lion.

The closure not only impacts where he shops for groceries, but also where he gets his medication.

Luckily, the Walmart pharmacy will work with patients to transfer prescriptions to nearby locations.

A SERIES OF DEALS

Walmart closed 22 more locations this year.

The company attributed most of its closures to low sales and poor performance.

Earlier this year, Walmart closed several stores in Portland, Oregon and Chicago.

While some people have argued that the closures were due to the area’s high crime rate, Walmart has consistently denied these claims, arguing that the stores failed to meet financial expectations.

In a statement accompanying the Chicago closure, Walmart concluded that its stores in the area “lose tens of millions of dollars a year, and their annual losses have nearly doubled in the last five years alone.”

It added that the “remaining four Chicago stores continue to face the same business difficulties, but we believe this decision gives us the best chance of keeping them open and serving the community.”

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