Wal-Mart will close a neighborhood market in Presidential Towers in the West Loop, the company announced Tuesday. View Full Caption Google Maps

WEST LOOP — Wal-Mart will close a neighborhood market in Presidential Towers in the West Loop, the company announced Tuesday.

The Wal-Mart Neighborhood Market location, at 570 W. Monroe St., will close on Jan. 25, said Delia Garcia, senior director of communications at Wal-Mart. Pharmacy customers can continue to pick up their prescriptions until Feb. 3.

The decision to close the small grocery store and pharmacy, which opened in 2011, came after "rigorous review and consideration of various factors." The West Loop store was Wal-Mart's first neighborhood market in Chicago.

"We are grateful to the customers who have given us the privilege of serving them at the Presidential Towers location and we look forward to continuing to serve them at other Chicagoland Wal-Marts," Garcia said.

Wal-Mart will be working with associates at the West Loop store to identify "suitable transfer opportunities" at other Wal-Mart locations.

"We care deeply about our associates impacted by this decision and our priority is to take care of them during this time," Garcia wrote.

The Arkansas-based discount retailer also operates Wal-Mart Neighborhood Market locations in Lakeview, Hyde Park, Little Village and Back of the Yards.

Wal-Mart opened its first Chicago Supercenter store in Austin in 2006. Today, the retailer also operates another West Side Supercenter store and two locations on the South Side.

New Wal-Mart Supercenters have opened in Downstate Centralia, Richton Park, Carpentersville, Olympia Fields and Homewood this year, Garcia said, creating about 700 new jobs in Illinois. The company plans to remodel 20 Illinois in 2017.

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