Linden Sam's Club is one of 63 to close

Linden Sam's Club is one of 63 to close

The retailer declined to say how many jobs would be cut but the closures could affect up to about 11,000 jobs as part of the closings.

Earlier Thursday morning, Walmart announced it would be using, including those who work at Sam's Club.

The remaining stores will stay open for several weeks before closing permanently, according to Business Insider.

A spokesman said the employees being laid off will receive that bonus. IL loses the most locations at six.

"After a thorough review of our existing portfolio, we've made a decision to close a series of clubs and better align our locations with our strategy".

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No Montana Sam's Club locations are on the list of closure the company announced Thursday.

Walmart also plans to slash about 3,500 store co-manager positions.

The Chicago Tribune noted that Sam's Club has been a huge boom for Chicago's grocery-industry for years with more business than other chains like Mariano's, Meijer, and Aldi.

The announcement came on the same day that Walmart, which owns Sam's Club, said they have plans to raise their minimum wage to $11 per hour, expand employee benefits, and offer bonuses of up to $1,000.

The company said wage increases for Walmart store employees will take effect in February and will be about $300 million in addition to wage increases already planned.

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