NATION-WORLD Walmart raises hourly wage to $11 expands benefits
Walmart credited President Trump's tax cut for enabling the new policy
12 January, 2018, 06:15
The company said the location would close by January 26. The rest will stay open for several weeks before permanent closure.
Sam's Club, replying to a message from a Twitter user criticizing the chain, says it made a decision to close a series of clubs to "better align our locations with our strategy". The news came out after some Sam's Club stores closed abruptly across the country, leading to speculation by the public.
An individual answering the phone for the Sam'sClub in Great Falls said that store was not closing, and that store managers were now meeting to address a flood of employee and customer inquiries regarding the recent closures.
Any associates who haven't transferred at the end of the 60-day period will receive a severance, officials said.
Online, the Sam'sClub website has already removed the closed stores, with the link to the Norfolk location now displaying an error message.
Besides that, according to Business Insider, all of the stores slated for closure were scrubbed from the Sam'sClub website this morning. The first Sam's Club, founded by Sam Walton, opened on April 7, 1983, in Midwest, Okla.
Paul Business Journal reports a spokeswoman for Walmart confirmed the Sam'sClub in St. Louis Park, 3745 Louisiana Ave.
The chain, which competes with Costco (COST), has more than 650 locations employing more than 100,000 people, with an average of 175 employees per store, according to the company.
This announcement comes after Macy's, Sears, Kmart and other major retailers have already announced 1,000 store closings for 2018. USA Todayreported that while those stores will reopen in a new role, workers previously employed at those locations are not necessarily guaranteed one of the new positions.