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Author Topic: More Jobs Down the Drain Sam's Club Closed 63 Stores today  (Read 102 times)

Offline zorgon

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More Jobs Down the Drain Sam's Club Closed 63 Stores today
« on: January 11, 2018, 07:09:53 PM »
Walmart is abruptly closing 63 Sam's Club stores and laying off thousands of workers

Walmart is closing 63 Sam's Club stores across the US, the company told Business Insider on Thursday afternoon, after reports of abrupt store closings began to emerge.

Sam's Club has not said how many employees are losing their jobs. Each Sam's Club warehouse employs about 175 people, meaning more than 11,000 people could be impacted.

In some cases, employees were not told their store had closed before showing up to work on Thursday. Those employees learned their store would be closing when they found the store's doors locked and a notice announcing the closing, Sam's Club workers told Business Insider. At some stores, employees were turned away by police officers.

Ten of the affected stores will be turned into e-commerce distribution centers, and employees of those stores will have the opportunity to reapply for positions at those locations, a Walmart official said.

The remaining stores will stay open for several weeks before closing permanently. All of the affected stores were scrubbed from the Sam's Club website on Thursday morning.

Sam's Club CEO John Furner notified employees of the closures in a company-wide email sent Thursday.

"After a thorough review, it became clear we had built clubs in some locations that impacted other clubs, and where population had not grown as anticipated," Furner said in the email. "We will be closing some clubs, and we notified them today. We'll convert some of them into eCommerce fulfillment centers — to better serve the growing number of members shopping with us online and continue scaling the SamsClub.com business."

Sam's Club membership fees — which cost $45 annually — will be refunded to customers affected by the closings, a Walmart official said.

http://www.businessinsider.com/walmart-suddenly-closes-sams-club-stores-2018-1

Offline Somamech

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Re: More Jobs Down the Drain Sam's Club Closed 63 Stores today
« Reply #1 on: January 12, 2018, 09:42:29 AM »
The worst thing about these closings is that the company mentioned had a choice to make, they could have told these people that they need to find a new way of making a new income and sought gov support for that, instead they chuck them out on the street's.

Doe's CEO John Furner still have a job after making this dumb decision:?

“After a thorough review, it became clear we had built clubs in some locations that impacted other clubs, and where population had not grown as anticipated,”

Honestly how in the frig can a CEO be so dumb to not see plain retail opportunity compared to non-retail opportunity and still be in a position to say such rot?

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Offline petrus4

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Re: More Jobs Down the Drain Sam's Club Closed 63 Stores today
« Reply #2 on: January 13, 2018, 01:51:47 PM »
Ten of the affected stores will be turned into e-commerce distribution centers

WalMart does not make its' own products; it is essentially a retail fence for what it gets from China.  This is also why America is falling apart economically, because it has been forgotten that agricultural and industrial output are the only real forms of wealth that exist.  The tech industry and the stupid AnCaps who are so fanatical about cryptocurrency can claim whatever they like, but the simple fact is that the entire reason why China is an emerging great power, is because they have put their money into physical assets.

If America wants to regain its' former economic position, then the government needs to focus on civil engineering and industrial infrastructure, which were what earned the country its' initial wealth in the first place.  Silicon Valley needs to die.
"Sacred cows make the tastiest hamburgers."
        — Abbie Hoffman

Offline Gigas

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Re: More Jobs Down the Drain Sam's Club Closed 63 Stores today
« Reply #3 on: January 17, 2018, 12:14:07 PM »
I saw this flashed on the local news and was shocked. We have 1 Sam's in Green Bay and 1 down in Appleton. Thankfully neither will be closed. They are closing stores in Milwaukee and Madison.

Both cities, Milwaukee and Madison, are in an economic blight with hood rats destroying the big box retail in certain locations.
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Offline Littleenki

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Re: More Jobs Down the Drain Sam's Club Closed 63 Stores today
« Reply #4 on: January 17, 2018, 12:58:13 PM »
Yep, these things happen..businesses take risks, to grow, to profit, to benefit the whole.

*SATIRE ALERT*

Businesses always hire workers who are oblivious to the fact that they are working somewhere which may not succeed..and may eventually terminate their contract or agreement without notice ahead of time.

NOT..now back to reality...

So..if you work for a corporate entity so large as Sams, you should know well and good this can occur anytime, and often without warning.

Here is another bolster for being self employed or working for smaller companies where you might have a chance to be in on decisions that affect your future.

That would be like me keeping a warehouse open for materials, when a warehouse is close by in which I stock the same materials..why have two, when employees can drive a short distance more or less to pickup what they need for jobs?

What liberals expect is for everyone to be employed by someone, regardless of situation, and for that someone to be held to keeping those employees whether it means losing money or not. It means more taxes flowing into the government coffers, for liberal politicians to finance their often ridiculous virtue signalling ideas and projects.

Unreasonable.

And, those same liberals themselves, in their own businesses often employ shady hiring practices and even shadier HR departments to filter and wash out those who dont fit in with their personal or political agendas, and thats just wrong.

See: Google, Twitter, and every single leftist media outlet ever...

If a person or entity performs and creates profit or a break even situation, then its their owner/employer's duty to create job perpetuance, and if not, its also their duty to remove the losing/ineffective entity or person from the equation.

Simple business 101..seems most Trump haters dont get it, and most who understand business at any level do.

Now its Sams fault for building stores in places where food stamps and crime are the norm, so they need to do better demographic research, and stop riding on the poor needing poopt-y cheap chinese products, to live at a level above their means...build stores where people have income, jobs and safe neighborhoods...dont build it in hopes it will clean up an area, because it never works.

I agree wholeheartedly with Petrus that infrastrucutre is paramount to employ thousands, if not millions these days...and returning to buying things that last not cheap crap will be the savior, as we use our dollars to get that point across.

But progress it seems must wait, so whiny snowflakes, corrupt 3 letter law enforcement entities, and libtard news outlets must ride the fake Russia train to derail Trump however they can, while their nation rots all around them...shame on them.

Cheers?
Le

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