Sam's Club closings: What we know

Sam's Club closings: What we know

More than 60 Sam's Club stores are closing nationwide, but the one closest to Greater Williamsburg has survived. "Got a call today to not come in to work and I asked why and didn't get an answer", said one employee, who didn't want to be identified.

"We've made a decision to right-size our fleet and better align our locations with our strategy, " he wrote.

The move by Walmart is part of a nationwide series of store closings by the company, with locations in Indiana, Tennessee, Atlanta, Louisiana, Texas and NY.

A message on their voicemail says "This Sam's club is closed effective January 11" and points callers to their website to find an open location. "We know this is hard news for our associates and we are working to place as many of them as possible at nearby locations".

CNBC reported that Sam's Club planned to close 63 USA stores, citing a company spokesman.

Ten of the affected locations are to become "e-commerce distribution centers" that Sam's Club employees could reapply to, according to a press release from Walmart, parent company of Sam's Club.

Walmart is closing 50 locations including this store in St. Louis Park and one in Moorhead as part of a 2018 repositioning
Norfolk Sam's Club among several closing across the nation

Walmart CEO and President Doug McMillon credited the Trump administration's major tax reform in December for the new employee benefits. "I know they're going to get severance pay if they are being laid off", he said.

The new wage and bonuses were because of the new Republican tax law. Before, full-time hourly workers received 50 percent of their pay for leave.

And minimum-wage workers in certain Southern California cities - including Los Angeles, Santa Monica and Pasadena - already are being paid more than $11 an hour because of local wage ordinances.

"We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders", McMillon said.

The changes affect more than 1 million hourly associates. These include: financial assistance for full-time employees who are looking to adopt children, 10 weeks of paid maternity leave or six weeks paid paternity leave for full-time hourly employees, and six weeks paid paternity leave for salaried employees. "Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S".

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