Source: ProgressiveGrocer.com

Wal-Mart Stores, Inc. has officially unveiled its plans to work with the city of Chicago to build several dozen stores that will create about 12,000 jobs over the next five years.

Part of a long-term initiative dubbed the Chicago Community Investment Partnership, the new plan aims to eliminate food deserts and stimulate local economic development. Walmart wants to open several dozen stores of varying size and format, create some 10,000 associate positions and 2,000 unionized construction jobs, generate more than $500 million in sales and property taxes, pay competitive wages at all levels, and develop charitable partnerships in Chicago worth $20 million that work to abate hunger and curb youth violence.

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