Sam's Is Closing Stores, Murfreesboro NOT On List!

Sam's Is Closing Stores, Murfreesboro NOT On List!

Sam's Club maintained a store in Linden, which abruptly closed on Thursday, Jan. 11, laying off as many as an estimated 200 full-time and part-time employees.

Walmart will create a new benefit that provides financial assistance to employees who are looking to adopt a child, giving them as much as $5,000 per child to cover expenses such as adoption agency fees, translation fees and legal costs.

The stores in Arizona that closed are below, per Business Insider.

In a White House press briefing Thursday afternoon, Treasury Secretary Steve Mnuchin praised Walmart for the announcement - but did not discuss the Sam's Club closures and lay-offs.

The world's largest retailer said the moves, which also include expanded parental-leave benefits, will affect more than a million hourly workers in the U.S. Employees previously started at $9 an hour, with a bump up to $10 after completing a training program.

Walmart "appeared to tie the pay increase - though not the store closings - to the tax bill passed by Congress last month", Jim notes.

The company told Business Insider that 63 locations are closing after reports of sudden store closings emerged on social media.

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Walmart is boosting the minimum hourly wage for its USA employees to $11 and dishing out bonuses of up to $1,000, crediting President Trump's tax cut for enabling the move. "Sam's Club contracted a private security company who stationed an officer outside the store to inform the public of its closure". Roughly 10 of those locations closed their doors as soon as Thursday, while the remainder will be shuttered over the next three to four weeks, the Walmart official said.

"We need great people to help lead us into the future and we hope that many of them will stay with the company at either a local store or club", Sam's Club president John Furner said.

A Walmart official says the company is closing 63 Sam's Club stores across the country.

"We've chose to right-size our fleet and better align our locations with our strategy, " Sam's Club president and CEO John Furner said.

All full and part-time hourly associates in the US are eligible for the bonus, which will be based on length of service up to $1,000 for those with at least 20 years of employment.

The company also plans to pay $2,000 bonuses this spring to about 60,000 hourly and salaried USA employees.

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