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Walmart CEO FINALLY EXPOSES The Real Reason They're LEAVING California!

Walmart just quietly closed its sixth California store in 18 months—and your neighborhood could be next. 530 employees across six locations are gone after what the company called "failure to meet financial performance expectations." But Walmart isn't even the worst part of this story.
While everyone focused on Walmart, an entire retail apocalypse unfolded across California. 99 Cents Only liquidated all 265 California stores in 60 days—14,000 jobs gone. Rite Aid is closing all 347 California pharmacies. Big Lots shuttered 75 stores. Walgreens closed 12 San Francisco locations in a single week.

Over 1,000 major retail locations have disappeared from California since 2023.

What this means:
→ Entire neighborhoods becoming retail deserts
→ 40% of San Francisco's pharmacies gone in a decade
→ Food deserts expanding across the Bay Area and Central Valley
→ Low-income communities losing access to affordable groceries and medication
→ San Francisco retail vacancy hitting a record 22.1%
The theft narrative vs. reality:
→ Shoplifting up 48% from pre-pandemic—but still 54% below 1980s highs
→ 91% of theft increases concentrated in just 4 counties
→ National Retail Federation retracted its $45 billion organized crime claim
→ Walgreens CFO admitted "maybe we cried too much" about theft

SOURCES:
California Legislative Analyst's Office
Public Policy Institute of California
Walmart official statements
99 Cents Only bankruptcy filings
Rite Aid bankruptcy filings
Walgreens corporate announcements
CVS corporate announcements
Target corporate statements
Macy's corporate announcements
CNBC retail crime investigation
National Retail Federation (with noted retraction)
Coresight Research
William Blair Investment Bank analysis
USDA Food Access Research Atlas

Disclaimer: The information presented is for informational and entertainment purposes only. We are not licensed financial advisors, legal professionals, or retail industry consultants. The content reflects publicly available data and personal commentary, and its accuracy is not guaranteed. Viewers should consult with qualified professionals before making any legal, financial, or business-related decisions. Titles, thumbnails, and certain visual elements may use dramatic or attention-grabbing language for engagement purposes. They should not be interpreted as literal, factual, or official statements.