Strategy: Walmart is abruptly closing Sam's Club stores and laying off thousands of workers, and no one knows why

Walmart is abruptly closing Sam's Club locations across the US.

• Walmart is abruptly closing Sam's Club locations across the US. Some stores were closed on Thursday. Others will close at a later date.
• Employees were not informed of the closures ahead of the time, according to reports.
• The company did not immediately respond to requests for comment on the closures.

---

Walmart is suddenly closing several Sam's Club stores across the US.

Closures were reported by local media in Texas, New York, New Jersey, Indiana, Arizona, Alaska, and elsewhere.

In some cases, employees were not informed of the closures prior to showing up to work on Thursday.

Instead, they learned that their store would be closing when they found the store's doors locked and a notice announcing the closure, according to reports.

Walmart and Sam's Club did not immediately respond to a request for comment.

Sam's Club offered an explanation on Twitter, however, saying, "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. Closing clubs is never easy and we’re committed to working with impacted members and associates through this transition."

Walmart is abruptly closing Sam's Club locations across the US. Read Full Story