Jamestown Sam's Club closing

Gladys Abbott
January 12, 2018

National retailer Sam's Club will close seven stores in IL, according to a report by ABC7.

"We've chose to right-size our fleet and better align our locations with our strategy".

"We know this is hard news for our associates and we are working to place as many of them as possible at nearby locations", John Furner, president and CEO of Sam's Club, said in the statement.

The Sam's Club closings were announced on the same day Wal-Mart said it was boosting the pay for its US workers and issuing bonuses to current employees. But no formal statement has been issued by Sam's Club. Stay with tampabay.com for updates.

It is not yet known if any other Sam's Club locations are closing. The first Sam's Club, founded by Sam Walton, opened on April 7, 1983, in Midwest, Okla.

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The fax reported the store employs 168 people. With Thursday's closing, that strategy is now extending to Sam's Club.

"Many of us depend on this Sam's, for many of our goods and supplies", said Juan. 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.

Well, apart from the fact those bonuses were only meant for employees who had been working at the company for 20 years - a benchmark that makes most Walmart workers ineligible - the news about wage hike was supposed to distract the public and media from very disturbing news.

Several other states where CNNMoney confirmed stores will be closing did not have such notices posted as of Thursday afternoon. Local news outlets across the country reported the closures happened without notice. Employees were offered severance based on how long they had been employed at the store, or the opportunity to transfer to a nearby location, Corona said. "Instead, I come and see the store is closed", Lewis said. "From what I heard, there's over 260 stores that have been closed down", she said.

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.

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