The world's largest retailer, Wal-Mart Stores Inc. will open 6 new stores throughout Chicago by 2013 to expand its presence in Chicago. Last year, the retail giant announced plans to build several dozen stores throughout the city in a five-year plan named "Chicago Community Investment Partnership." The main goal of them is to generate 12,000 jobs and create $500 million in tax revenue.
Image Source: From Flickr By Walmart Stores
Officially, the plans were unveiled by Mayor Richard M. Daley and the retailer to open 6 new stores in Chatham, Englewood, Auburn Gresham, Pullman and the West Loop. According to the Wal-Mart officials, the city’s so-called “food deserts” will be the target of them while planning new stores.
Six new stores in Chicago are anticipated to make nearly 200 construction jobs and 1,000 permanent jobs. It has planned to open a Wal-Mart Market and a Wal-Mart Express in the West Englewood region of Chicago, an area that depicted by it as one of Chicago's most underserved communities and the heart of city’s food desert. On the West Side of city, there is only one Wal-Mart store at present.
Mayor Richard M. Daley said, “People want jobs in the neighborhood, all over this city, following the six year battle with unions to bring Wal-Mart, which has had stories in nearby suburbs for years, to the city. It was OK for Evergreen Park, but not the 17th Ward [on the South Side.”
As announced by the officials, a smaller Wal-Mart Express will be opened at 71st and Western and a Wal-Mart store with a pharmacy and grocery will be opened at 76th and Ashland. Another two full-service Wal-Mart stores are intended for the Chatham and Pullman neighborhoods. Wal-Mart will have a total six stores with these latest locations and one is already in operation on the West Side.
“Moving forward, we will continue to identify sites in Chicago’s food deserts, while also looking for opportunities to help even more Chicagoans save money and live better,” said by Wal-Mart Senior Vice President Julie Murphy.
The six new Stores of Wal-Mart are:
- Wal-Mart EXPRESS in Chatham at 83rd and Stewart Avenue, in Summer 2011
- Wal-Mart EXPRESS in Englewood at 71st and Western Avenue, in Winter 2012
- Wal-Mart Supercenter in Chatham at 83rd and Stewart Avenue, in Spring 2012
- Wal-Mart Supercenter in Pullman at 111th and Doty Avenue, in Spring 2013
- Wal-Mart Market in the West Loop at Monroe and Jefferson Streets, in Fall 2011
- Wal-Mart Market in Auburn Gresham at 76th and Ashland Avenue, in Spring 2012
The opening of the first new store is scheduled for later this year. For expansion, Wal-Mart finally obtained the green light when it attained a deal with labor unions to set initial wages at $8.75 / hour, which is 50 cents below than unions had desired. Wal-Mart hopes that it has dozens of Chicago locations, employing more than 10,000 by 2015.
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