Skip to comments.Sam's Club closes hundreds of stores nationwide 
Posted on 01/11/2018 11:39:01 AM PST by Red Badger
Walmart (WMT) is closing hundreds of Sam's Club stores nationwide, according to numerous media reports.
Jessica Buckner, an audit team lead at a Sam's Club location in Anchorage, told local TV station KTVA that all Alaska stores are closing as part of a larger downsizing across the U.S. "From what I heard, there's over 260 stores that have been closed down," she said.
The wholesale clubs' official closure date is Jan. 26, Buckner said.
The closures also affect stores in New Jersey, upstate New York, Georgia, Illinois, Indiana, Ohio, Louisiana, North Carolina, Tennessee and Texas. In some locations, per social media, people showed up to work only to be told that their location was closing, with nearly no advance notice.
Sam's Club did not immediately reply to a request for comment.
The chain, which competes with Costco (COST), has more than 650 locations employing more than 100,000 people, with an average of 175 employees per store, according to the company.
No formal announcement had been posted Thursday morning by Sam's Club, but the company acknowledged the closures on Twitter with a general statement.
The company drew criticism from people on Twitter who objected to the lack of notice about the closings.
The numbers are all over the place.
We’ll have to wait few days to get the straight scoop on that.
I can’t find a list of closures......................
One article earlier said 70 something.
Now it’s reported to be over 200 stores.
Either may be true, but they can’t both be.
Maybe you’ll find a list later today.
The Bezos Borg strikes again.
I shop at Costco now.
Costco is owning this niche.
We were supposed to get a Costco here in Destin a couple of years ago. There was ballyhoo all on the TV news and local papers, but it never happened. I don’t know why......................
Mobile’s Costco is the closets to Destin. A bit far......................
Yep, the one near us just closed today apparently. Why the big secret closings??? No word on membership refunds.
You’ll still be able to shop online and in other places.....................
The problem with Sam’s Club is their bakery is horrible. Just blech. Where as, Costco is pretty good.
The only club that’s ever been willing to have me as a member.
Walmart’s Price Chopping got out of control, now they’re chopping themselves?
There was a time we had memberships to both Sam's and Costco. It is easy to see why Sam's is scaling back. In my personal opinion Costco executes on a far higher level than Sam's -- night and day.
Similarly, it's somewhat amazing how Walmart remains a juggernaut. For such a large chain, and after all these decades of operation, their supply chain STILL is substandard. I cannot believe how many times I have gone into a Walmart to look for a national product they routinely stock only to find they are completely out... and for weeks at a time! National brands, not some obscure off-brand item.
So, it's not hard at all to understand how Costco is cleaning their clock. Not a fan of Costco's liberal leadership, but either you can run a store efficiently, or you run your stores in a slipshod supply manner.
“PLEASE ACCEPT MY RESIGNATION. I DON’T WANT TO BELONG TO ANY CLUB THAT WILL ACCEPT PEOPLE LIKE ME AS A MEMBER”. Telegram to the Friar’s Club of Beverly Hills to which Groucho belonged....................
Amazon “Pantry” will have something to say about that.
Wal-mart stores were much better ran when Sam Walton was still alive. Now his kids are running it into the ground......................
Four in AZ:
“company strategy” is their claim. 150 employees at the one close to me: attempts will be made to integrte them into the local (3) Walmart locations”
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