Sam's Club to Lay Off 2,300

Sam's ClubBENTONVILLE, Ark.-Sam's Club plans to lay off about 2,300 associates, or about 2 percent of its total associate number, across its clubs. A time frame for the lay offs was not given.

According to a statement from Bill Durling, who heads Sam's Club's corporate communications, the warehouse-club retailer and division of Walmart will conduct the layoffs "to rebalance our resources more effectively across our clubs to align our structure more closely to the current and future revenue of each club." Durling said Sam's Club will eliminate certain hourly positions, in some cases reducing the number of assistant managers and, in other cases, creating new and more senior-level positions.

Durling added that Sam's Club will not disclose the exact number of associates per club who will be laid off, but added that this move will affect an average of four associates per club. In addition, the associates will be paid their regular salary for 60 days to give them time to apply for other opportunities at Sam's Club or Walmart. If an associate is unable to find another role, he or she will be eligible for severance, Durling added.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

  • Patti Carpenter Talks Color and its Importance in the Home

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN cover for September 2017

    HFN's DIGITAL EDITION

    September 2017


    COVER STORY:

    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


    ALSO IN THIS ISSUE:

    •  TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
    •   Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
    •  N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.