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Walmart plans to close 63 Sam's Club stores

13 January 2018

There are two Sam's Club stores in Montana - one in Billings and the other in Great Falls.

The closure news came soon after Walmart announced it would award bonuses to employees after federal tax reform changes.

He wanted to go inside Sam's Club to shop for discounted items, but the hour wait made it impossible.

Sam's Club is a retailer that offers wholesale sizes and prices to individual buyers who purchase a membership to the store.

Meanwhile, BJ's, a membership warehouse club concentrated in the East, says it is benefiting from the Sam's Club closures.

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The Sam's Club location at 12919 San Pedro Ave.in San Antonio (not pictured) will permanently close January 26, Walmart spokeswoman Anne Hatfield said. However, since each store employs about 175, that means over 11,000 people could be impacted.

Sam's Club posted one such alert, referred to as a WARN notice, to the IN state government's website.

Sam's Club, a division of Wal-Mart Stores Inc.

Armstead said as many as 200 full-time and part-time employees were laid off from the closure in Linden alone. The retailer, owned by parent company Walmart, later announced they would be closing dozens of stores in an effort to better align their locations with their strategy.

It's not clear how many stores have closed. A slightly lower-paid role, these employees will be tasked with overseeing fast-growing areas, like online orders, the report revealed. It's unclear whether or not these stores will remain open.

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"Many times it is cheaper to close a money-losing store than try to turn it around", he said.

The spokesperson said they are now working with approximately 150 employees at the South Tampa location to find jobs for them in the Walmart family of stores.

Walmart said the new wage increases will add about $300 million in expenses to its budget for the next fiscal year. "We think that's a positive". "They just let us show up for work to be told, 'You're done, '" Betancourt said.

The entry of Walmart into the tax-cut debate accelerates the contentious discussion over how much the tax law, still only weeks old, is truly factoring into these corporate decisions.

Walmart Inc. plans to repurpose some of the Sam's Clubs stores that will close later this month, making them fulfillment centers for e-commerce. "We continue to do that but are not going to comment on rumors and speculation".

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Walmart plans to close 63 Sam's Club stores