Sam’s Club Shutting its Doors

Sam’s Club Shutting its Doors
Prescott Valley shoppers are scrambling to hit the aisles of Sam’s Club before it closes.
Many dedicated deal seekers have stood in line for hours, waiting for the chance to hunt for bargains and stock up on groceries and household items following news of the closure. In a statement issued Thursday, parent company Walmart announced it would shutter 63 Sam’s Clubs throughout the country, including the Prescott location at 5757 E. State Route 69. This store, along with three others inScottsdale, Chandler and Casa Grande, will close on Jan. 26
12 of the closing locations will be converted to online order fulfillment center. The Prescott store generates more than $800,000 a year in sales tax revenue for the town, and with it’s departure, questions about taxes remain.
Many customers are disappointed that the large discount store is preparing to go out of business. The news came as a surprise for employees and customers who arrived on Thursday only to discover the shop was closed for the day.

A New York City security firm, Executive Protection Solutions, was hired to guard the entrance and deliver the news to anyone who showed up: the store was closed for the day but will resume operation from 10 a.m. to 6 p.m. on Friday.

The store has since entered a two-week liquidation process with 25% price reductions first before 50% deals as the closure date approaches. There are several retail options in the area, with competitor Costco just up the road. Many shoppers liked the less-crowded Sam’s Club with the reasonable gas prices.

All memberships will be reimbursed in full. Walmart also announced Thursday it was giving raises to its employees, with the lowest wage now $11. They are also offering $1,000 bonuses to some employees in response to the recent tax overhaul law.

As for the 150 employees at the Prescott store, those employees may be able to transfer to other Walmart stores in the area or even throughout the state. If a transfer is not possible, then they’ll receive severance as long as they’re eligible. Employees will be paid for 60 days from Jan. 11, despite the club’s last open day on Jan. 26.

Stores are also closing in Arizona, Illinois, Maryland, Alaska, Ohio, New York, Connecticut, Indiana, Louisiana, New Jersey, North Carolina, Pennsylvania, Tennessee, and Texas. That leaves 597 Sam’s Clubs open for business across the country.

Customers’ memberships are valid at or they can request a refund of their membership fee.

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