The Lack Of Effect Phoenix Sam’s Club Near

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Tuesday, January 12, 2010

In a memo distributed to employees of Sam’s Club this weekend, “said CEO Brian Cornell, the closure of 10 financial effect” stores in the United States – including one in Phoenix.

Employees of Sam’s Club Phoenix, located at 20th Street and Indian School, was told they would be dismissed.

Cornell called the costs “and” direct link value ‘as the reason for the closure.

Other clubs Sam, will be closed include: Nampa, Idaho, La Quinta, California, Louisville, Colorado, Vista, California, Rolling Meadows, Illinois, Clay, New York, Irvine, California, Houston, Texas, and Sacramento, California

Nationwide, 1,500 employees of Sam’s Club may face the loss of jobs following the closure.

Club closures are part of a wider strategy to drive greater value, growth and increase profits. We’re still open and functioning of the best clubs in the warehouse industry in the right sizes and formats in the field who are committed to better utilize our capital. We are still opportunities for growth, identification and expansion of our investment in transition to improve productivity and operational efficiency, “Cornell said in the memo.

There are few places other Sam’s Club in the valley.

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