Wal-Mart's Sam's Club to shut some stores after review

Wal-Mart's Sam's Club to shut some stores after review

Business Insider, citing Wal-Mart, reported that Sam’s Club was closing 63 stores and laying off thousands of workers. Sam’S Club’s tweet comes after local news outlets in Arizona, Alaska, Texas, New Jersey, Indiana and New York reported that some Sam’s Club stores closed abruptly on Thursday, with employees learning of the move as they arrived for work. “Closing clubs is never easy and we’re committed to working with impacted members and associates through this transition,” Sam’s Club said on Twitter.

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Source:: https://finance.yahoo.com/news/wal-marts-sams-club-shut-stores-review-174645978–finance.html