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13 Enero 2018, 03:44 | Azura Castelo
Treasury Secretary Steven Mnuchin. David McNew Getty Images
Walmart also closed 63 Sam's Club stores on Thursday, likely leading to significant layoffs at those stores. However, the store has yet to open, and Sam'sClub has not provided a timeline for the beginning of construction.
After these closures are completed, Walmart will have a total of 597 Sam'sClub stores remaining in the US. He said some employees would be re-hired at other Walmart locations or at the newly created e-commerce distribution sites. The sales tax funds first paid for the new jail, and since then the money helps with operating costs.
Dozens of other companies have announced worker bonuses following the passage of the Republican tax plan. But most employees are expected to get a few hundred dollars. "I can't say I'm surprised by any store closing at this point", said Andrew Weiland, an editor with BizTimes Milwaukee. For a typical 40-hour week, an hourly rate of $11 converts to some $22,000 a year, under the federal poverty level of $24,600 for a family of four.
Throughout the day, local news outlets across the country - including from Houston, Syracuse, Baton Rouge and Dallas - reported that closures happened without notice.
- WalMart announced Thursday they're closing 10 percent of their Sam'sClubWarehouse stores. "This is about the evolution of retail", said Michael Mandel, chief economic strategist at the Progressive Policy Institute.
In a press release, Walmart stated the action was taken after a thorough performance review. According to a Walmart spokesperson, the bonuses are determined by an employee's length of service.
"You're just seeing so much change in retail right now".
"It's kind of shocking to me", Katheree Hughes, a Sam's shopper said.
That's being done "to better serve the growing number of members shopping with us online and continue scaling the SamsClub.com business", Sam'sClub CEO John Furner said in a note to Sam's Club employees. Those workers previously received up to eight weeks of maternity leave at half-pay, and were not entitled to parental leave.
"I believe they told the mayor it was a corporate decision and there was multiple locations that were closing", Forsythe said over the phone. The closures will result in job losses for thousands of people. Costco's starting wage is at least $13 an hour while Target is gradually raising its starting hourly wage to $15 by 2020. "They sure have a way of not treating their workers with appreciation".
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