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Wal-Mart Closing 10 Sam’s Club Locations in U.S. (Update1) Share Business ExchangeTwitterFacebook| Email | Print | A A A By Mark Clothier Jan. 11 (Bloomberg) -- Wal-Mart Stores Inc., the world’s largest retailer, said it is closing 10 “financially underperforming” Sam’s Club locations in the U.S. Walmart said on its Web site it will close stores in Nampa, Idaho; Rolling Meadows, Illinois; Clay, New York; and in the California cities of La Quinta and Irvine. The company will also shutter locations in the Houston, Phoenix and Sacramento markets. About 1,500 Sam’s employees will be affected. The retailer employs more than 1.4 million people in the U.S. The company said it’s adding six Sam’s Clubs stores and remodeling 52 in the year ending Jan. 31. In the next fiscal year, it plans to add or relocate as many as 10 clubs and remodel as many as 80. Walmart operated 605 Sam’s Club stores as of Oct. 31.
Originally posted by liveandletlive
Originally posted by apacheman
A friend went to the local Walmart yesterday and told me the place was fairly empty. She also said the store was rearranging aisles, reducing shelf space it seems.
Combined with reports of declining sales at McDonald's, who wants to bet that there will be a big wave of bankruptcies in January?
Walmart is implementing the new "clean" look all over the country. It’s a way to hide the fact they are reducing inventory to cut cost. If you dig a little into the companies showing profits you will find that most made their profits by cutting costs like their unnecessary labor and expenses related to the employees like taxes and insurance.
Originally posted by Jessicamsa
Well, I have been officially terminated.
The management had lied to me last week and said when a spot came available that they'd let me know so that they could keep me.
Well, a cashier spot came available and they picked a young kid with a broken leg for it over me. I didn't even know about it, until the young kid, who was upset about being let go on our previous discussion, was happy to tell me that he was offered a cashier spot Tuesday and that he'd be staying.
They never had any intention of keeping me. They were just wanting me to hang around until Christmas eve and figured they could keep me hanging around by getting my hopes up.
I had perfect attendance with no tardies of any kind. I had no write ups. I had a perfect record with them, yet they keep a kid with a broken leg over me. He cannot even do the job they hired him for!
I am so ticked off. I had renewed my lease for my apartment, rent increase and all, because when I was hired the management indicated to me that as long as I did a good job, that they would keep me after the holidays. Now I am stuck with a lease on an apartment with no job, and no one around here will hire me. I applied everywhere before getting this job. If I get evicted, I'll not be able to get another place to live with no job and an eviction on my record. Everywhere around here wants landlord references and runs checks on you, except the landlord I have now. If I'd known they weren't going to keep me, I could've signed a month-to-month lease instead and while I'd have to pay an even higher rent, I could leave without breaking my lease and ruining my landlord reference.