A WalMart closing can give a community a sudden economic shock. This article was from April 2015:

Quote:

Business Insider
Wal-Mart's sudden closure of a store in Pico Rivera, California, has devastated the city.

[www.businessinsider.com]

It's interesting because when Walmart first arrived in small cities in the 80's, it devastated the local economies. All the mom and pop businesses were wiped out.

So there you have it. WalMart damages communities when it arrives, and it damages them when it leaves.

Here's a list of the CA stores closing:

Walmart stores
#2524: 5502 Monterey Hwy, San Jose, CA
#2949: 151 E 5th St., Long Beach, CA
#2960: 4101 Crenshaw Blcd., Los Angeles, CA
#5457: 8400 Edgewater Drive, Oakland, CA

Neighborhood Markets
#5642: 2408 Lincoln Ave., Altadena, CA
#5688: 6820 Eastern Ave., Bell Gardens, CA
#3086: 701 W Cesar E Chavez Ave., Los Angeles, CA
#5690: 2045 E Highland Ave., San Bernardino, CA
#4173 12120 Carson St., Hawaiian Gardens, CA