Sam's Club to close seven Illinois stores, terminate over 1000 employees

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BJ's, one of Sam's Club biggest rival, said it has also seen "an immediate increase in Sam's Club members" since Wal-Mart announced the closing 63 locations spanning from NY to Puerto Rico.

The closing of a store in New Jersey caught one family by surprise.

The news comes on the same day that Walmart announced it was boosting its minimum hourly wage for its US employees to $11 and dishing out bonuses ranging from $200 on up to $1,000 for employees with 20 or more years with the company.

Both locations, at 4900 N. 27th St. and 8480 Andermatt Drive, were open Thursday and not affected by the company's move. Walmart owns the Sam's Club chain.

The Murfreesboro location is not one of the stores being shuttered, but the one in the Bellvue neighborhood of Nashville is on the list. USA TODAY reports that of those locations, about 50 will be going out of business for good.

The Union County Freeholder Board through its social service and re-employment agencies is offering assistance to any Union County resident who was laid off by Sam's Club Store closings.

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According to Business Insider, 10 of the locations will be turned into e-commerce distribution centers, and workers at those locations can re-apply for jobs at the redesigned facilities; the first facility to get that redesign will be in Memphis.

The company tweeted that the company reviewed their portfolio and closing clubs, which is what they call stores, to "better align our locations with our strategy".

The retailer declined to say how many jobs would be cut but the closures could affect up to about 11,000 jobs as part of the closings. The one-time bonus represents an additional payment to associates of approximately $400 million, Walmart said. Previously, the company didn't offer any paid leave for them. All hourly employees at this facility will be terminated effective April 13, 2018.

The changes in parental leave put salaried and hourly workers on the same footing.

The retailer said Thursday changes that to its compensation and benefits policy will impact more than a million hourly workers in the USA, with the wage increase effective next month.

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