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Walmart Set to Close All Stores in Portland amid Record-Breaking Retail Theft

Walmart announced its plan to close its final two locations in Portland, Ore., at the end of March following underwhelming financial results.

“We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations,” the corporation said in a statement according to KPTV. “While our underlying business is strong, these specific stores haven’t performed as well as we hoped.”

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