Wal-Mart raising pay, closing 63 Sam's Clubs

Posted: January 12, 2018 at 4:30 a.m.

Walmart CEO Doug McMillon speaks during the Walmart shareholders meeting Friday, June 2, 2017, at Bud Walton Arena in Fayetteville, Ark.

Employees at 63 Sam's Clubs across the U.S. were informed by the company Thursday that their stores were either being closed or converted into e-commerce warehouses.

Sam’s Club Chief Executive Officer John Furner is shown in this photo.

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