Sam’s Club to close stores, cut up to 11,000 jobs; Walmart raises wages, cuts hours

PRESS RELEASES ~~

Walmart’s Sam’s Club could cut up to about 11,000 jobs as part of a round of store closures.
The membership warehouse said Thursday that it is shuttering about 50 stores and convert another 13 into online distribution centers.
With about 175 employees per location, that would translate into some 11,025 people affected by the move.
Walmart spokesman E. Blake Jackson declined to provide a specific figure for the number of people who will be laid off.
“Our goal is to place as many of the impacted associates as possible at other Sam’s Clubs or Walmart stores,” he said in an email.
Walmart, the nation’s largest private employer, said it would record a 14-cent-per-share charge to its earnings as a result of the changes.
The cuts affected about 10 percent of Sam’s Club locations.
There will be 597 Sam’s stores remaining when the closures are complete.
At this time, the only Sam’s Club in Ga. slated to close is in Lithonia, 2994 Turner Hill Road, 30038.
Members of Sam’s Club are entitled to a refund at any time if you are not satisfied, according to the company website.
The 100 percent membership satisfaction guarantee states: “If at any time a member is unsatisfied with your Membership, let us know and we will cancel your membership and provide a refund of the amount paid for your current year Membership fee.”
Here’s how to get a refund of your Sam’s Club membership:
1. Request a refund online at the company’s membership cancellation page.
You will be given three options to choose from:
A full refund by check
A full refund by e-gift card
An offer of a free 3-month membership extension for members of the closing Sam’s Club stores.
2. Call customer service at 888-746-7726 to cancel your membership and request a refund.
3. Request a refund at the membership desk at any Sam’s Club store.
Walmart raised the minimum wage for employees from $9 to $11 but cut working hours for some associates
In February 2017, Walmart announced that it would raise its base pay to at least $9 an hour by April and $10 an hour by early next year (2018), increasing wages for about 500,000 employees and spending more than $1 billion on the effort. At the time, the CEO said the company expected those changes to lower employee turnover and attract better talent, as well as to lead to better customer service that would boost sales.
Last week, Walmart announced it would raise the minimum wage to $11 an hour. The next day, it was announced hours would be reduced for “some associates” who were not defined.