Sam's Club closing more than 60 stores, including one in the Triangle

New York City. The protesters called on officials to pass fair pay legislation for women following the landmark Dukes vs. Wal Mart decision

Protesters hold signs during an anti Wal Mart rally on City Hall steps

Walmart has unveiled plans to close around 10% of its Sam´s Club branded wholesale stores and make thousands of workers redundant.

Reports indicate that customers and employees arrived at some locations to find doors at the massive retailer to be locked.

Business Insider has reported that 63 stores will be closed. The store would close, for good, January 26, a sign on the store stated.

A Walmart spokesman was not immediately available for comment.

Sam's Club maintained a store in Linden, which abruptly closed on Thursday, Jan. 11, laying off as many as an estimated 200 full-time and part-time employees. "We will work to place as many associates as possible in new roles at nearby locations, and we'll provide them with support, resources, and severance pay to those eligible", Furner wrote.

Customers took to social media with questions about why their local Sam's Club stores were shuttered.

On Thursday evening a press release was issued in which Walmart, the owner of Sam's Club, said that 12 of the 63 stores would be converted to fulfillment centers.

Walmart, the nation's largest private employer, said it would record a 14-cent-per-share charge to its earnings as a result of the changes.

Company officials say they're also accessing other potential additional investments for employees that could come after the new tax laws.

Employees with at least 20 years at Walmart will qualify for the bonus, the company said, and the wage hike will take effect February 1.

Previously, Walmart provided fully paid family leave to salaried workers, while hourly workers received half pay during family leave. Salaries workers would also receive six weeks of paid parental leave.

Walmart executives said they were able to boost employee benefits following the tax reform, which cut U.S. corporate taxes from 35 to 21 percent. Employees are also getting a one-time bonus of up to $1,000.

The company claimed the wage and benefit changes would benefit the company's more than one million USA hourly associates.

Latest News