Walmart Announces Plans for Six Chicago Stores

CHICAGO -- Walmart will open six new stores in Chicago by 2013, the company announced.

The new stores, which are expected to bring nearly 1,000 permanent jobs and 200 construction jobs to the city, will also bring fresh food and groceries to underserved neighborhoods, Chicago mayor Richard Daley said.

The first Walmart store in the city opened in 2006. Last year, the retailer announced plans to open several dozen new stores as part of a five-year plan called the "Chicago Community Investment Partnership" whose goal is to create 12,000 jobs and generate $500 million in tax revenue.