Sam's Club says it will close 63 of its facilities around the country. According to a statement from Sam’s Club, a division of Wal-Mart Stores, Inc., the company will convert up to 12 of the impacted clubs to eCommerce fulfillment centers in a move to speed delivery of online orders.
The affected facilities will close over the next few weeks.
Sam's Club says the action was taken after a thorough performance review. “Transforming our business means managing our real estate portfolio and Walmart needs a strong fleet of Sam’s Clubs that are fit for the future,” said John Furner, president and CEO of Sam’s Club. “We know this is difficult news for our associates and we are working to place as many of them as possible at nearby locations. Our focus today has been on those associates and their communities, and communicating with them.”
Media in states including Texas, New York, New Jersey, Indiana, Arizona and Alaska are reporting store closures.
WHIO reports that two Cincinnati-area stores have closed without notice. There are at least seven Sam's Club locations in the Cleveland/Northeast Ohio area.
Sam's Club tweeted an explanation in response to one follower on Thursday:
After a thorough review of our existing portfolio, we’ve decided to close a series of clubs and better align our locations with our strategy. Closing clubs is never easy and we’re committed to working with impacted members and associates through this transition.
— Sam's Club (@SamsClub) January 11, 2018
Earlier in the day Thursday, Walmart, owner and operator of Sam's Club, announced it was raising its minimum wage and handing out tax cut bonuses because of the new tax law.
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