Regional value-and-convenience retailer Pamida is closing 11 of its 215 stores. Pamida cited "a negative drain on earnings" coming from the locations being shuttered. Pamida, which operates mostly in smaller towns, gets hurt whenever a Wal-Mart opens, and the economy's shift toward greater consumer value is forcing the closings.
As a small-town retailer, Pamida's news is indicative of the hyperlocal focus discussed here recently. View the store closing information as reported in Sioux City, IA; Norwalk, OH; southeast Iowa; and Park Rapids, ND.
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