Author Topic: Walmart abruptly closes Sam's Club stores across U.S. (Read 1376 times)

rcjordan · « **on:** January 11, 2018, 09:05:45 PM »

Quote

Reports developing in other states indicated initially that the total store closings could top 260

http://www.mlive.com/business/index.ssf/2018/01/walmart_abruptly_closes_sams_c.html

buckworks · « **Reply #1 on:** January 11, 2018, 10:08:11 PM »

Wow!

rcjordan · « **Reply #2 on:** January 11, 2018, 10:14:22 PM »

When Amz, Wm/Jet, or -increasingly- your local grocery chain will deliver a box of detergent on a (DIY just-in-time home inventory) delivery system, bulk-buying discounts gets less attractive. US homes' shrinking square-footage add to their problem as well.

DrCool · « **Reply #3 on:** January 12, 2018, 05:30:26 PM »

I talked with a friend of mine who manages a Sam's Club last night. He said these closures had been in the works for 3 years. Said these stores were about a 10% drag on the total business. So as a company they were up x% but without these 65 closed stores they would have been up 1x%

But Costco is packed every time I go. I think their Kirkland Brand has a lot to do with that. It is the only store brand I trust 100% of the time.

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Author Topic: Walmart abruptly closes Sam's Club stores across U.S. (Read 1376 times)

rcjordan

Walmart abruptly closes Sam's Club stores across U.S.

buckworks

Re: Walmart abruptly closes Sam's Club stores across U.S.

rcjordan

Re: Walmart abruptly closes Sam's Club stores across U.S.

DrCool

Re: Walmart abruptly closes Sam's Club stores across U.S.