Walmart to close Sam's Club stores

Elise Amendola | AP | BDN

Elise Amendola | AP | BDN

In that announcement, however, the company made no mention of Sam's Club closures and has not indicated how many jobs will be lost.

No Montana Sam's Club locations are on the list of closure the company announced Thursday. - Sam's Club's parent company - announced it was raising its starting hourly wages from $9 to $11, giving one-time $1,000 bonuses to hourly employees and expanding its maternity and parental leave benefits.

According to the Journal, the job cuts, which are expected to focus on workers in various roles at the company's Arkansas headquarters, are expected to be completed by the end of the company's fiscal year on January 31.

On Twitter, Sam's Club issued a statement saying, "After a thorough review of our existing portfolio, we've chose to close a series of clubs and better align our locations with our strategy".

Seven of these stores are in IL, reports WGN, many in the Chicago-area.

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

"We've chose to right-size our fleet and better align our locations with our strategy", Furner wrote.

In a news release, Romeoville Village Manager Steve Gulden said "This came as a surprise to us as Sam's has demonstrated a strong sales increase each year since opening". "We've chose to right-size our fleet and better align our locations with our strategy".

The Sam's Club shrinkage includes two Florida stores but, for now, South Florida customers and employees of the warehouse chain run by Walmart will see business as usual.

Stores that are converted will turn into regional distribution centers or e-commerce facilities.

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