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Sam's Club is closing 63 stores - here's what will happen to your membership

4 days ago   |   By

AP
Sam's Club is closing 63 stores.
The closings shocked many customers and left them wondering what would happen to their membership fees, which cost $45 annually.
To get a refund, shoppers must call customer service at (888) 746-7726 and cancel their membership.
Refunds will be issued in the form of a check or a gift card to Sam's Club or Walmart stores.
Walmart is closing 63 Sam's Club stores and laying off thousands of employees .
The company abruptly shut down some of the stores on Thursday. The rest will close within the next couple of weeks.
The closings shocked many customers and...
Read more ...

 

'This is the last thing Puerto Rico needed': Sam's Club closures leave hundreds of workers without jobs on the hurricane-ravaged island

'This is the last thing Puerto Rico needed': Sam's Club closures leave hundreds of workers without jobs on the hurricane-ravaged island

4 days ago   |   By

AP
Walmart is abruptly closing 63 Sam's Club locations across the US, the company told Business Insider on Thursday. Some stores have already closed; others will close within weeks.
Employees were not informed of the closings ahead of time.
Three of these stores are in Puerto Rico.
Walmart has dealt a massive blow to its Puerto Rican employees after closing three of its Sam's Club stores without warning.
In total, the retailer will be closing 63 stores across the US.
Employees of its Bayamón and Barceloneta stores turned up to work today to find a sign saying, "This Club will remain closed...
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Walmart's closure of 63 Sam's Club stores shows what the company is willing to do to take on Amazon

Walmart's closure of 63 Sam's Club stores shows what the company is willing to do to take on Amazon

4 days ago   |   By

Reuters/Henry Romero
Sam's Club is closing 63 of its stores to "better align" its store locations with its strategy.
10 of the closed stores will be turned into e-commerce distribution points, highlighting the reasoning behind Sam's Club's pivot.
This move reveals just how far Walmart is willing to go to compete with Amazon .
Walmart is closing Sam's Club stores, but that doesn't mean the chain is going away.
Sixty-three stores in total will be closing, but customer traffic and sales comparisons - the typical reasons why companies scale back store count - can't entirely explain why Walmart...
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