etvfutures.com
etvfutures.com January 17, 2018


Multiple Sam's Club stores close without notice across nation

13 January 2018, 03:52 | Brandon Parsons

Walmart Closing 63 Sam’s Clubs Turning 12 into Ecommerce Fulfillment Centers Daniela Forte Content Manager

Walmart Closing 63 Sam’s Clubs Turning 12 into Ecommerce Fulfillment Centers	
							Daniela Forte
	Content Manager

The company operates 85 Sam's Clubs in Texas and its biggest competitor everywhere is Costco, which has historically generated average store sales that are twice the rate of a Sam's Club.

The company is also creating a new benefit to assist employees with adoption expenses.

Shoppers found the store at 12919 San Pedro Ave. on the north side suddenly shut down on Thursday.

The company would not immediately say the specific locations that will be affected by the closures, or the number of employees that would be impacted.

The company will also expand hourly leave, "providing full-time hourly associates in the USA with 10 weeks of paid maternity leave and six weeks of paid parental leave", it says.

Sam's Club has chose to close some of its stores across the country.

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The closures coincide with today's announcement from Walmart that it was raising starting hourly wages to $11 and expanding employee benefits, all effective next month. According to Manzi, the store was closed Thursday, will re-open Friday, and is set to close permanently on January 26. Several reports indicate that many Sam's Club workers did not find out about the closings until they showed up to work only to find locked doors.

The company tweeted that the company reviewed their portfolio and closing clubs, which is what they call stores, to "better align our locations with our strategy".

A newer store northeast of Houston in New Caney was also removed from the Sam's website, and its phone lines were busy. A spokesman said the employees being laid off will receive that bonus. The amount will range up to $1,000 for employees who have been with Walmart for at least 20 years.

The wage increase will take effect in February and will add about $300 million to what already was included in next fiscal year's plan, according to Walmart. "Our focus today has been on those associates and their communities, and communicating with them".

The company claimed the wage and benefit changes would benefit the company's more than one million United States hourly associates.

The expanded parental leave policy would provide full-time hourly workers with 10 weeks of paid maternity leave and six weeks of paid parental leave.



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