Several other states where CNNMoney has confirmed stores will be closing did not have such notices posted as of Thursday afternoon. Costco has nine, including a St. Louis Park location less than 3 miles from the Sam's Club that is closing. Some said that employees were bewildered when they showed up for work and found out they did not have a job any longer.
Among the stores that will be closing are the Sam's Clubs in Norfolk and Richmond, according to Business Insider. MLive reported the Farmington Hills store is expected to close the same day. Some closed Thursday; others will close later this month.
Walmart is boosting the minimum hourly wage for its USA employees to $11 and dishing out bonuses of up to $1,000, crediting President Trump's tax cut for enabling the move. Walmart said it expects the wage increase to cost $300 million for its next fiscal year, which starts February 1, and the bonuses to cost $400 million. The raise will range from $200 to $1,000, depending on workers' length of employment with Walmart.
Walmart is also adding paid parental leave for new fathers, adoptive parents, non-birthing mothers, and foster parents.
The lowest starting pay for Walmart workers previously was $9 an hour, increasing to $10 after 90 days following completion of a training program.
It was unclear how many employees were affected by the 63 store closings across the USA, though Business Insider reported that each Sam's Club warehouse employs around 175 people.
Walmart CEO Doug McMillon said the changes are a direct result of the tax overhaul package recently signed by President Donald Trump. Walmart also noted that the company is still in the early stages in the process of assessing potential additional investments-which will benefit both its associates, customers, and shareholders and strengthen the company's position.
Walmart, which owns Sam's Club, did not respond to numerous requests for comment.