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Wal-Mart raising pay, closing 63 Sam's Clubs

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Photographs by NWA Democrat-Gazette file photo

Walmart CEO Doug McMillon speaks during the Walmart shareholders meeting Friday, June 2, 2017, at Bud Walton Arena in Fayetteville, Ark.

Employees at 63 Sam's Clubs across the U.S. were informed by the company Thursday that their stores were either being closed or converted into e-commerce warehouses.

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Sam’s Club Chief Executive Officer John Furner is shown in this photo. + Enlarge

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Comments

gagewatcher says...

i'm glad that walmart is flexible to change with the times. as with most businesses Sam employees will probably have the opportunity to move within the company. and wonderful about the pay increase and more benefits. great store and leadership !

Posted 12 January 2018, 10:29 a.m. Suggest removal

MaxCady says...

Can't have the Waltons falling down the Forbes list.

Posted 12 January 2018, 1:11 p.m. Suggest removal

DoubleBlind says...

The wage increase and bonuses are a total red herring, publicity stunt by WMT. They closed 10% of Sam’s Clubs on the same day displacing thousands of workers, yet they failed to disclose savings from the closings. They’re reaping billions from tax cuts, who knows how much from the Sam’s Club closings - forcing displaced workers onto public assistance - and adding only 700K in total for both salary increases and bonuses. ‘Great store and leadership,’ my @ss.

Posted 12 January 2018, 3:10 p.m. Suggest removal

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