, Columnist
Walmart's Sam's Club Closings: Smart Move, Dumb PR
The retailer's store count needed trimming, even if it fumbled the execution.
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The giant footprint of Sam’s Club is getting significantly smaller.
Wal-Mart Stores Inc., the warehouse club’s corporate parent, said Thursday it would shutter 63 Sam’s locations, bringing the number of stores in that chain down to 597. The company did not specify how many jobs will be slashed, but some have estimated it could be around 10,000.