Walmart is closing 22 retail locations across the US this year, including four in Chicago, citing poor financial performance at each.

The Walmart logo is seen outside a Walmart store in Burbank, California on August 15, 2022,

In the latest move, Walmart confirmed Monday that it plans to close a store in Richmond, Virginia, on July 28.

“We are grateful to the customers who have given us the privilege of serving

them at our Brook Road Neighborhood Market location,”

Walmart spokesperson Felicia McCranie said in an emailed statement to Insider

In a significant restructuring move,

Walmart announced plans to close 22 retail locations across the United States this year, including four stores in Chicago.

The closures are a response to poor financial performance at each of the affected stores.

The retail giant confirmed the closure of a store in Richmond, Virginia, set for July 28, marking the first of several planned closings.

Felicia McCranie, a spokesperson for Walmart, expressed gratitude to the customers who have supported the store, stating,

“We are grateful to the customers who have given us the privilege of serving them at our Brook Road Neighborhood Market location.”