Sam's Club in PV to shut its doors


"It's convenient, you know", said Sonya Thomas, a Sam's Club member who tried shopping at the Madison location on Thursday.

"After a thorough review, it became clear we had built clubs in some locations that impacted other clubs, and where population had not grown as anticipated", said Sam's Club Chief Executive John Furner in a memo to staff Thursday.

Elsewhere, a Memphis Sam's Club location closed its doors in an announcement made to employees Thursday morning.

The Fairmount Avenue location will officially close January 26, the company said.

All the new changes will take effect in February, and will affect more than one million Walmart employees across the U.S., according to the company, Business Insider reports.

"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", Sam's Club said in one statement.

However, one employee at a Sam's Club store in Alaska said all branches in the state are closing as part of a larger downsizing across the US.

BJ's, a membership chain like Sam's Club and Costco, also said that it has "had an immediate increase in Sam's Club members joining BJ's Wholesale Club".

WQAD News 8 is working to get in touch with Moline's planning and development director about the situation. The decision essentially increases wages for anyone making below $11.00 an hour - but anyone already making above that, the union argues, might not see anything except the bonus.

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"We'll be talking with each associate and assessing interest in potentially transferring to another Walmart facility", she said, but if a transfer "is not possible, then ... of course, if they're eligible, they'll receive severance".

Lately, much of the talk about Walmart's showdown with Inc. has centered on the old-school retailer building stronger e-commerce muscles. He said it was too early to say how many people overall would lose their jobs since some will be placed at other Walmart locations or rehired at the e-commerce sites.

The new maternity-leave policy will not apply to part-time workers, who make up a significant percentage of the company's hourly work force.

Walmart CEO Doug McMillon said the changes are a direct result of the tax overhaul package recently signed by President Donald Trump.

Walmart's CEO Doug McMillon said in a statement that the combined wage and benefit changes, which will benefit more than 1 million United States hourly associates, are a result of tax savings from this year's tax reform that reduced the country's corporate tax rate to 21%.

Walmart also announced that full-time hourly USA employees can get 10 weeks of paid maternity leave and six weeks of paid parental leave.

But that is a reasonable risk for Sam's Club to take.

Walmart is the largest non-governmental US employer.