Why Are Walmart Stores Closing In Portland?

Walmart is a multinational brand that operates a chain of retail stores under. Majority of the people have at least once in their lives heard their store brand’s name – they are that popular. They are a really popular retailer that operates various supermarkets, discount/department stores, grocery stores, and more.

In this article, I will be discussing “why are Walmart stores closing in Portland” and more. Keep reading till the end of the article to find out more information about the same!

About Walmart Stores

Previously, Walmart was known as “Walmart Stores Inc.”. It is a popular brand that runs a chain of grocery stores. Their brand was originally founded by both James and Sam Walton.

Their first-ever store originally opened in the region of Arkansas’ Rogers. It was originally inaugurated in 1969.

Tip: On Christmas day their stores remain closed for the whole day. For occasions like Thanksgiving and Black Friday, their stores only remain open for a restricted number of hours. As for Independence and Easter Day, their stores remain open normally.

Primary Operating Areas

Walmart presently has a total of 10,625 outlets. Moreover, they also have 389 warehouses located in several areas for distribution. The main countries where they operate are – Chile, Mexico, India, China, Central America, Canada and Africa.

Benefits Of Shopping From Walmart

There are a lot of advantages that shopping from Walmart poses for customers. Here is a list of some of the more popular store benefits that you can get while shopping from there:

1. Shop For Quality Products

Walmart has partnered with Zetpo and Taylor & Lord to bring to the users many quality brands that also include a wide variety of products to the selected address. This actively enables the shoppers to get access to over 20+ brands, and all of that from one place.

2. Options For Delivery

The shops of Walmart provide deliveries of shopped products right from the comfort of homes and at a nominal amount of cost. They also deliver products to the address that you provide them with.

To avail of this service, you will have to sign up on their site, which is “Walmart.com/grocery”.

3. Exchange Used Electronics

Walmart provides shoppers with the opportunity to exchange various old tech gadgets and electronics in their stores. In the various stores of Walmart, you are going to have the option of exchanging your smartphones, tablets and gaming consoles for gift cards and other beneficial credits.

For instance, you are also going to have the option of exchanging your gaming consoles and getting a gift card/store credit in return for it. You are eligible to get up to $225 credit for exchanging old gaming consoles. The total amount could even be more than that but it totally depends on the condition of the products that you are selling.

Keep reading till the end of the article to find out more information about why are Walmart stores closing in Portland!

4. Self-Checkout Options

Their brand being popular attracts a lot of crowds which just leads to longer lines at the checkout aisles. But with their new addition of self checkout machines at the registers, now people do not need to wait for a longer amount of time at their stores.

Even if someone is inexperienced at using these machines there’s absolutely no need of freaking out, as there are going to be dedicated staff to help out with this stuff.

Walmart Stores Closing Down In Portland

Now on to answering your query on “Why are Walmart stores closing in Portland”, they are doing so due to various financial reasons. In an official statement released by them, they said that their stores that are set in the overall region of Portland are not meeting any sort of financial expectations.

Another factor which also influenced this decision is the various reports of store thefts that occurred in their chain of stores, in Portland.

Their Net Worth

The total accumulated net worth of Walmart as of now is $427Bn. Their brand’s net worth totally is based on the revenue and generated profits over the past 3 years.

Tip: The Walmart stores closing time is 11 PM and it opens at 6 AM.

Walmart Membership

Walmart has options for providing membership as well. Their exclusive membership is called the Walmart Plus. Getting that membership poses a lot of benefits for regular shoppers. This membership provides benefits like discounts/deals, deliveries, and a lot more.

Presently, Walmart has made some additions to their memberships – so that the shoppers who avail this are going to be able to enjoy a lot more benefits than they originally did before.

Walmart Pharmacy

The Walmart Pharmacy is also a very popular organization that is known to sell basic medications to people at affordable rates.

There are a whole lot of different ways you can manage your medication from these pharmacies. One has the option of ordering medicine online, by mail, or even by visiting them in-store.

As compared to their grocery store counterparts, the Walmart Pharmacy counterparts remain open for shorter hours. The different Walmart Pharmacy stores remain open from 9 AM – 9 PM.

To Wrap It Up!

If you are a regular Walmart shopper but haven’t tried out their exclusive membership before then you could go for it. Getting their membership is going to aid you in saving a lot on different deals when buying products.

Thank you for reading this article till the end. I hope you found the information regarding “Why are Walmart stores closing in Portland” useful.

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