Walmart Boosts Starting Pay, Closing Dozens of Sam's Clubs

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NEW YORK (AP) — Walmart confirmed Thursday that it is closing dozens of Sam's Club warehouse stores across the country—a move that seems sure to cost jobs—on the same day it announced that it was boosting its starting salary for U.S. workers and handing out one-time bonuses to others. The world's largest private employer said it was closing 63 Sam's Clubs over the next week, with some shut already. A company official who spoke on condition of anonymity because he was not authorized to discuss details of the decision publicly said about 10 are being repurposed into e-commerce distribution centers. He said it was too early to say how many people would lose their jobs since some will be placed at other Walmart locations or be rehired to the...

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Walmart Boosts Starting Pay, Closing Dozens of Sam's Clubs

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