Published: Sat, January 13, 2018
IT | By Lester Massey

Walmart to close dozens of Sam's Club stores including some in Texas

Walmart to close dozens of Sam's Club stores including some in Texas

The increase applies to all hourly associates in the US, including those working in Walmart stores, Sam's Clubs, e-commerce, logistics and home office.

Reports indicate that customers and employees arrived at some locations to find doors at the massive retailer to be locked.

The store closing in Syracuse is one of 63 reported across the US on Thursday.

Two of the stores were in the Cincinnati, Ohio area, but news outlets across the nation - including Baltimore, Buffalo, Indianapolis, Milwaukee, New Jersey, Memphis and Houston - reported similar unannounced closures of Sam's Club stores Thursday.

The membership warehouse said that it plans to convert another 13 into online distribution centers.

A Sam's Club store on the city's south side at 340 E. Edgewood Boulevard will close on January 26, a company spokesperson confirmed Thursday. While those stores will reopen in a new role, workers previously employed at those locations are not necessarily guaranteed a role in the new positions.

The closings occurred on the same day Walmart announced plans to raise starting hourly wages to $11, expand employee benefits and offer workers bonuses of up to $1,000.

The company will also expand hourly leave, "providing full-time hourly associates in the USA with 10 weeks of paid maternity leave and six weeks of paid parental leave", it says.

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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.

Business Insider estimates that as many as 11,000 people will lose their jobs as a result of the store closures. The one-time bonus represents an additional payment to associates of approximately $400 million, Walmart said.

Walmart's wage increase will take effect in February.

The company is also boosting its paid maternity leave policy for full-time hourly workers to 10 weeks at full pay.

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

Hourly-paid employees will get the higher rate from next month.

The retailer said Thursday changes that to its compensation and benefits policy will impact more than a million hourly workers in the US, with the wage increase effective next month.


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