Walmart Closing Two Sam's Club Locations In Virginia, Laying Off 300

1/12/18

Walmart abruptly announced Thursday it would close dozens of Sam’s Club locations nationwide and lay off thousands of employees.

Some of the stores closed immediately Thursday, according to Business Insider. Locations in Norfolk and Richmond are expected to close by March 16, according to state labor officials, with more than 300 employees affected.

Two Sam’s Club locations in Northern Virginia — in Woodbridge and Sterling — were not impacted.

“After a thorough review of our existing portfolio, we’ve decided to close a series of clubs and better align our locations with our strategy,” according to a company statement on Twitter. “Closing clubs is never easy and we’re committed to working with impacted members and associates through this transition.”

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.