New England Sam's Clubs Closing

Notices were placed on the shuttered doors of 63 Sam's Club stores in the U.S. Thursday morning. The Sam's Club in New Caney was among those closed

Walmart executives said they were able to boost employee benefits following the tax reform, which cut United States corporate taxes from 35 to 21 percent.

"Transforming our business means managing our real estate portfolio and Walmart needs a strong fleet of Sam's Clubs that are fit for the future", Sam's Club CEO John Furner said in a statement.

The nation's largest retailer, with about 1.5 million USA employees and almost $500 billion in global revenue, also said it would expand its workers' maternity and parental leave benefits.

Walmart, the nation's largest private employer, said it would record a 14-cent-per-share charge to its earnings as a result of the changes.

Sam's Club said through Twitter that the pharmacies located in the Sam's Club locations that are closing would remain open for a minimum of two weeks, while it works with transferring prescriptions and contacting clients.

The closure of some Sam's Club locations is a good move for Walmart, the retail giant's former US chief Bill Simon told CNBC on Thursday.

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"We've made a decision to close a series of clubs and better align our locations with our strategy", a tweet from the official Sam's Club account read.

Both locations, at 4900 N. 27th St. and 8480 Andermatt Drive, were open Thursday and not affected by the company's move. They will also be given the chance to tranfer to other Walmart or Sam's Club locations, and employees who do not will be given severance pay.

A Walmart official says the company is closing 63 Sam's Club stores across the country, though, according to a employee at the store's Lima Road store, The Fort Wayne location will not be impacted. According to Manzi, the store was closed Thursday, will re-open Friday, and is set to close permanently on January 26. Walmart said the one-time bonuses would cost the company $400 million and will be based on length of service.

Employees also got word in Baton Rouge, LA.

The wage change is in addition to increases already planned for many US markets in the coming fiscal year.

Walmart also announced today that it would be raising hourly wages for employees to $11. "Now, they will be eligible for 10 weeks of maternity leave at 100 percent pay and six weeks of parental leave at 100 percent pay".