BJ's tells Sam's Club members, staff to come on over after closures

Galtero Lara
Enero 13, 2018

To be fair, Sam's Club CEO John Furner said the company plans to place as many employees as possible in new roles at nearby locations. Sam's Club, at 7233 N. Seacrest Blvd., is a membership store similar in concept to Costco and BJ's Wholesale Club. OH has two stores closing in Cincinnati and Loveland, with a total of 285 workers potentially affected. Neither the location in Dover or Salisbury were shuttered.

"Many of us depend on this Sam's, for many of our goods and supplies", said Juan. Here's what we know.

"This is just part of that overall look at what makes the most sense in terms of serving our club members, serving the members needs both in stores and online", Hatfield said. The retailer also said Thursday that it was closing 63 Sam's Club stores, affecting thousands of workers.

A Walmart official said 10 of the affected stores would be turned into e-commerce distribution centers. "We need to put our investment into supporting our online growth and closing these Clubs will allow us to do that". Some demanded refunds for their Sam's Club memberships, which cost between $45 and $100.

A fair number of employees will likely be kept on at other Sam's Club locations.

In some cases, employees were not informed of the closures prior to showing up to work on Thursday.

Workers and customers learned about the store closures on the same day Walmart drew praise from the White House for raising pay and giving out worker bonuses because of the new lower corporate tax rate.

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Prominent Republicans like Treasury Secretary Steve Mnuchin and Speaker of the House Paul Ryan quickly applauded Walmart, while also patting themselves on the back for passing the new tax law. "There is no easy way to lay people off", she said.

Nearly right away after Walmart's announcement, however, critics pointed out that the tax law may not be the real-or only-reason for the worker raises.

"I would've been astounded if they hadn't raised wages", said Thomas Kochan, a professor at MIT's Sloan School of Management.

Several companies besides Walmart have announced wage hikes or one-time bonuses for workers, citing the tax cut as the incentive.

That sounds pretty significant. Walmart reported fiscal year 2017 revenue of $485.9 billion.

"The fact is that Walmart is not permanently investing the estimated $2 billion it will receive annually from Trump's tax giveaway to its workers - it is keeping nearly all of it", said Randy Parraz, director of the Making Change at Walmart campaign.

Employees were not informed of the closures ahead of the time, according to reports.

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