A monument to Walmart's greed and stupidity

Charleston, Arkansas, is a small town of less than 2000 people. A few months back Walmart opened one of their Neighborhood Markets there, about a block from the IGA grocery store. Plus, there was already a Dollar General store in town. Immediately, the business at the IGA dropped to the point that many of us wondered how they would be able to stay in business. Then, low and behold, within the last month Walmart announced that they were closing over 100 stores, one of which was this new one in Charleston. They spent no telling how much money building a store that they obviously did not need, hired a bunch of people that they have now put out on the street, and came perilously close to driving out of business a long-established competitor. Any questions as to why I despise Walmart?