WMT Stock: Walmart is abruptly closing several Sam’s Club stores and laying off thousands of workers, and no one knows why

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Walmart is suddenly closing several Sam’s Club stores across the US. Closures were reported by local media in Texas, New York, New Jersey, Indiana, Arizona, Alaska, and elsewhere.

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

Instead, they learned that their store would be closing when they found the store’s doors locked and a notice announcing the closure, according to reports.

Walmart and Sam’s Club did not immediately respond to a request for comment.

Sam’s Club offered an explanation on Twitter, however, saying, “After a thorough review of our existing portfolio, we’ve decided to close a series of clubs and better align our locations with our strategy. Closing clubs is never easy and we’re committed to working with impacted members and associates through this transition.”

Jessica Buckner, an employee of a Sam’s Club store in Alaska, told KTVA that all Sam’s Club stores in the state are closing.

“From what I heard, there’s over 260 stores that have been closed down,” Buckner told the station.

The closures come on the same day that Walmart announced it was raising starting hourly wages to $11, expanding employee benefits, and offering workers bonuses of up to $1,000.

Here’s a list of closures rounded up from local media reports and Sam’s Club employees that contacted Business Insider. The list will be updated as we learn of additional locations.

  • 8801 Old Seward Hwy, Anchorage, AK 99515
  • 2994 Turner Hill Rd, Lithonia, GA 30038
  • 460 S Weber Rd, Romeoville, IL 60446
  • 3015 W 86th St, Indianapolis, IN 46268
  • 10859 E Washington St, Indianapolis, IN 46229
  • 4024 Elkhart Rd #1, Goshen, IN 46526
  • 9598 Cortana Pl, Baton Rouge, LA 70815
  • 81 International Dr S, Budd Lake, NJ 07828
  • 2649 Erie Blvd E, Syracuse, NY 13224
  • 720 Fairmount Ave, Jamestown, NY 14701
  • 700 Elmridge Center Dr, Rochester, NY 14626
  • 1600 Marketplace Dr, Rochester, NY 14623
  • 4825 Marburg Ave, Cincinnati, OH 45209
  • 9570 Fields Ertel Rd, Loveland, OH 45140
  • 1805 Getwell Rd, Memphis, TN 38111
  • 1615 S Loop W, Houston, TX 77054
  • 13331 Westheimer Rd, Houston, TX 77077
  • 901 S Grady Way, Renton, WA 98057
  • 1101 Outlet Collection Way, Auburn, WA 98001
  • 13550 Aurora Ave N, Seattle, WA 98133

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