It is a WRAP for many Sam’s retail stores across the country! The membership warehouse owned by retail giant Walmart, is shutting down or converting 63 stores.
The company attributed the decision to the need to better fulfill online orders, less population growth than expected in some markets and too many locations given demand in others.
The Sam’s Club closures were confirmed the same day that Walmart said it would lift the hourly minimum wage in the U.S. to $11 and give out bonuses of up to $1,000. Continue reading #Sams retail giant closes stores with no notice!