Sam's Club Locations in Dover, Salisbury Spared From Mass Closings

Elise Amendola | AP | BDN

The restructuring comes the day after Walmart announced it will raise its starting hourly wages to $11, expand parental leave benefits, and give cash bonuses to employees of up to $1,000. Anyone who has worked there over five years will receive at least a $300 bonus.

Sam's Club says their customers will be refunded their 45 dollar annual membership fee. The move could impact as many as 11,000 employees.

According to the Journal, the job cuts, which are expected to focus on workers in various roles at the company's Arkansas headquarters, are expected to be completed by the end of the company's fiscal year on January 31.

A total of four stores in Texas are expected to close.

Seven of these stores are in IL, reports WGN, many in the Chicago-area. Come to BJ's, is the message from the competitor store.

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"Many of us depend on this Sam's, for many of our goods and supplies", said Juan.

"After a thorough review of our existing portfolio, we've made a decision to close a series of clubs and better align our locations with our strategy", the chain said in a tweet Thursday.

There are two Sam's Club stores in Montana - one in Billings and the other in Great Falls.

The company said wage increases for Walmart store employees will take effect in February and will be about $300 million in addition to wage increases already planned.

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