Walmart abruptly shuts down 63 Sam's Club stores

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

The company notified the state Employment Security Department it will close stores in Seattle, Aurburn and Renton effective March 16, and will affect 495 jobs.

Furner said that the company would try "to place as many associates as possible in new roles at nearby locations".

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

The WARN Notice sent to the City of Syracuse indicating that the Sam's Club on Erie Boulevard East will be closing, eliminating 151 jobs.

Walmart has yet to release a list of affected stores, or the number of employees affected.

Online, the Sam's Club website has already removed the closed stores, with the link to the Norfolk location now displaying an error message.

Also Thursday, - the owner and operator of Sam's Club - announced it would raise minimum pay to $11 per hour and give employees one-time bonuses of $1,000.

More news: The 'Paddington' sequel bears laughs, warmth, and charm

On Twitter, Sam's Club issued a statement saying, "After a thorough review of our existing portfolio, we've chose to close a series of clubs and better align our locations with our strategy".

Customers took to social media with questions about why their local Sam's Club stores were shuttered.

A Walmart official says the company is closing 63 Sam's Club stores across the country, though, according to a employee at the store's Lima Road store, The Fort Wayne location will not be impacted. The store will reopen on Friday but will officially shut down on January 26, according to a sign on the door.

Walmart said it will record a discrete charge of approximately 14c per share related to the actions. Employees who have worked for at least 20 years will get the full $1,000.

Walmart also announced today that it would be raising hourly wages for employees to $11.

The company also plans to pay $2,000 bonuses this spring to about 60,000 hourly and salaried USA employees.

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.

Related News:

  • Celebrity Big Brother 2018: Ann, Courtney and Andrew's secret connection revealed HERE

    Celebrity Big Brother 2018: Ann, Courtney and Andrew's secret connection revealed HERE

    Corrie icon Amanda lost her temper with India during the latest 1950s-themed task, telling the women: "You have to leave [India]". And I don't like that because I'm not an embarrassment on the outside, honestly.

    Trending Stocks in Review: Express Scripts Holding Company (ESRX), DaVita Inc

    With 5.01 million avg volume, 5 days are for Symantec Corporation (NASDAQ:SYMC)'s short sellers to cover SYMC's short positions. Following the transaction, the chief executive officer now directly owns 98,628 shares in the company, valued at $6,029,129.64.

    (VLO) Holdings Reduced by Weaver C. Barksdale & Associates Inc

    Principal Finance Group Inc holds 0.14% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 1.82 million shares. The stock of Valero Energy Corporation (NYSE:VLO) has "Neutral" rating given on Tuesday, January 17 by Citigroup.
  • United States  retails sales grow 0.4 pct in December

    United States retails sales grow 0.4 pct in December

    These so-called core retail sales correspond most closely with the consumer spending component of gross domestic product. Clothing/accessories and health/personal care clocked in weaker growth, up 2.7 percent and 2.2 percent, respectively.
    Trump cryptic about contacts with North Korea's Kim

    Trump cryptic about contacts with North Korea's Kim

    Security Council that month imposed new caps on trade with North Korea, including limiting oil product shipments. He also said the meeting does not involve all the key countries related to the North Korean nuclear issue.

    Are Analysts Bullish about Snyder's-Lance, Inc. (NASDAQ:LNCE) after last week?

    The performance of firm for the quarter recorded as 2.09% and for year stands at 10.33%, while the YTD performance was -2.48%. Media coverage about Snyder's-Lance (NASDAQ: LNCE ) has been trending somewhat positive this week, Accern Sentiment reports.
  • Tunisians refuse to back down as protesters demand government reverse austerity measures

    Tunisians refuse to back down as protesters demand government reverse austerity measures

    Protests , some violent, flared across Tunisia on Monday, when one protester was killed, before ebbing on Thursday. Tunisia's economy has struggled since the revolution, with growth remaining slow.

    Ascena Retail Group Inc (ASNA) Holdings Lifted by Royce & Associates LP

    The highest price ASNA stock touched in the last 12 month was $5.94 and the lowest price it hit in the same period was $1.65. Two research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company.
    Former staffer accuses Jeff Klein of forcing a kiss

    Former staffer accuses Jeff Klein of forcing a kiss

    Her friend, who chose to remain anonymous, said, "She was hysterically crying, not able to breathe, couldn't catch her breath". Vladimer worked for Klein from 2013 to 2015, starting as a fellow and later becoming a policy analyst and counsel for the IDC.
  • Eagles aware of historic underdog status against Falcons

    After the Jaguars intercepted him five times in a 30-9 win this season in Pittsburgh, he said, "Maybe I don't have it anymore". Gagnon writes Alford outplayed Desmond Trufant and Keanu Neal in the Falcons secondary Saturday against the Los Angeles Rams.
    Charles Schwab's (SCHW)

    Charles Schwab's (SCHW) "Buy" Rating Reiterated at Citigroup

    The movement of stock as RSI reading reached at 75.97 because on this mostly stock considered as overbought or oversold. It has outperformed by 27.93% the S&P500. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).
    Perdue says he doesn't recall Trump's controversial Haiti comments

    Perdue says he doesn't recall Trump's controversial Haiti comments

    Trump had asked Durbin and Sen. "The language used by me at the DACA meeting was tough, but this was not the language used".


Most liked

McSally Announces She's Running For Arizona Senate Seat
The Arizona race is seen by Republican and Democratic operatives as a key battleground in the competition for the Senate majority. Jeff Flake by embracing President Donald Trump and his outsider playbook in one of the nation's premier Senate contests.

Make Dlamini-Zuma Interim President and I'll step down
She said that if Ramaphosa was truly serious about rooting out corruption‚ Zuma would no longer be the president of South Africa. Talk of Zuma's resignation had a positive impact on the rand, according to Business Day .

HBO's FAHRENHEIT 451 Adaptation Looks Very Cool
The movie script for " Fahrenheit 451 " has something like stage directions, but it's more like narration, Cherne said. It will be interesting to see how the new movie updates Bradbury's story to tackle the modern media landscape.

Manchester City's Gabriel Jesus set to return next month
It means a lot in terms of how complicated it is to play there. "It is now a case of how many records they can break". It's part of the problem against City: Guardiola stretches games with wingers.

Griffin, Teodosic set to return for Clippers
Clippers: Harrell's 16 points in the second quarter were two more than he had the entire game against Golden State. The Clippers are better and more fun when Blake Griffin plays, but that probably won't be the case on Wednesday.

Pzena Investment Management LLC Purchases 695019 Shares of Merck & Co., Inc. (MRK)
Cibc Asset Management owns 66,759 shares for 0.06% of their portfolio. 16,212 were reported by Cornerstone Limited Liability Co. Among 12 analysts covering New Oriental Education & Technology Group ( NYSE:EDU ), 9 have Buy rating, 1 Sell and 2 Hold.

Zac Brown Band will return to the Lakeview Amphitheater
The Foo Fighters announced a year ago they would also return to Fenway in 2018 for two shows on July 21 and 22. Fans can come to the Hersheypark Entertainment Complex beginning at 7 a.m. on January 19.

Davis RM Inc. Sells 3194 Shares of Cisco Systems, Inc. (NASDAQ:CSCO)
Baring Asset Ltd, a United Kingdom-based fund reported 12,966 shares. 4,524 were accumulated by Asset Management Ltd Company. The firm has a market cap of $199,870.00, a P/E ratio of 21.03, a price-to-earnings-growth ratio of 3.57 and a beta of 1.19.

'Canada's WTO complaint against U.S. could scuttle NAFTA'
The 32-page complaint challenges Washington's use of anti-dumping and countervailing duties, arguing it goes against WTO rules. He explained, "Even if Canada succeeded on these groundless claims, other countries would primarily benefit, not Canada".

Mary J. Blige Earns Star on Hollywood Walk of Fame
Blige called the 47-year-old a queen, saying "she's royal, she's majestic", and outrightly saying that she is "black excellence". I had two rims on it because I couldn't afford four. we would just drive down the highway in NY , and we would just dream.

Bill Belichick is done talking about ESPN report: 'We're on Tennessee'
And while they continue preparing for the Tennessee Titans , Tom Brady and Bill Belichick are still answering questions about this report .

FDA Changes Safety Label for Pediatric Prescription Opioid Medication
Common side effects of opioids include headache, dizziness and vomiting. There's more about this issue at the American Academy of Pediatrics .

Khalil Tate takes issue with Arizona's reported interest in Ken Niumatalolo
According to the Arizona Daily Star , Niumatalolo was absent from the Navy football offices today. He also tweeted his support for hiring defensive coordinator and interim head coach Marcel Yates.

Boss still in dark over January budget
The 57-year-old told reporters: "We have a lot of people working, talking to agents, giving us names and options". I have to concentrate on games and Saturday is an important game for us.

Bills firing Rick Dennison is start of offseason makeover on offense
Indianapolis Colts offensive coordinator Rob Chudzinski: He served the past three seasons under Chuck Pagano, who was sacked . But there is one interesting connection: McDermott and McCoy have the same agent, Bob LaMonte.