10 Sam's Club stores to close this month

01/12/2010 | Los Angeles Times (tiered subscription model) · Bloomberg

Wal-Mart Stores said Monday it will close 10 underperforming Sam's Club warehouse stores across the country, cutting 1,500 jobs. In a letter to employees, the company said it would work with staffers to find positions elsewhere. Wal-Mart also said it expects to open up to 10 new Sam's locations, and remodel as many as 80 stores.

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Los Angeles Times (tiered subscription model) · Bloomberg

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