Walmart raises pay in US even as it shuts some Sam's Club stores

Walmart raises pay in US even as it shuts some Sam's Club storesWalmart announced Thursday it will raise the minimum wage for US workers to $ 11 an hour and pay bonuses, but announced plans to close 63 Sam’s Club stores in the US. Owned by Walmart, Sam’s Club is a chain of membership-only warehouse stores that offer discounted prices. Up to 12 of the shuttered Sam’s Club stores would be converted into warehouses for e-commerce, the company said in a news release.



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