Sam's Club stores close across the country, one closure in Louisiana

Sam's Club stores close across the country, one closure in Louisiana

Sam's Club stores close across the country, one closure in Louisiana

Each Sam's Club warehouse employs about 175 people and the move could leave as many as 11,000 employees out of a job. "We've had an immediate increase in Sam's Club members joining BJ's Wholesale Club, " the company said in a statement, adding that it's also gotten queries from Sam's Club workers.

On Twitter, Sam's Club responded to people's queries by saying, "After a thorough review of our existing portfolio, we've made a decision to close a series of clubs and better align our locations with our strategy".

One employee, who wished not to be identified, said workers were told Thursday morning that the store would close for a day before reopening with discounted items for two weeks.

A Sam's Club store in Sacramento is one of dozens closing across the nation, according to a spokesperson from Walmart, which owns the stores. "It's our people who make the difference and we appreciate how they work hard to make every day easier for busy families".

Walmart said laid-off employees will receive the bonus, plus 60 days of pay and severance if eligible.

Ten locations for the warehouse club spinoff of Walmart closed immediately and will become e-commerce distribution centers, according to Business Insider, which listed store closings it knows about.


Walmart has announced an increase to its minimum wage and a series of bonuses in light of the Republican tax bill, but the bulk of its corporate tax cut still won't trickle down to its workers. Job postings at an Amazon warehouse in OH, for example, offer a starting pay of $14.50 an hour.

Wal-Mart Stores Inc.is increasing its starting hourly wage to $11 and giving one-time bonuses to employees.

Only employees with 20 or more years of Walmart employment will get the full $1,000.

The new tax law lowers the USA corporate tax rate to 21 percent from 35 percent, among other things, and McMillon said Wal-Mart was "in the early stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders". The starting pay for all hourly Walmart employees is now $9, or $10 for those who completed a training program.

"We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders", Walmart chief executive Doug McMillon said.

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