The retailer declined to say how many jobs would be cut but the closures could affect up to about 11,000 jobs as part of the closings.
The announcement came on the same day that Walmart said it is boosting its starting salary for US workers and handing out bonuses. Anyone who has worked there over five years will receive at least a $300 bonus.More news: Societe Generale Lowers Bank of America (BAC) to Hold
On Twitter, Sam's Club issued a statement saying, "After a thorough review of our existing portfolio, we've chose to close a series of clubs and better align our locations with our strategy". IL loses the most locations at six.
The restructuring comes the day after Walmart announced it will raise its starting hourly wages to $11.
"Many of us depend on this Sam's, for many of our goods and supplies", said Juan. That store will close January 26th, but no word on what exact dates the other stores will close.More news: Habit driving crude oil prices higher early Wednesday
"After a thorough review of our existing portfolio, we've chose to close a series of clubs and better align our locations with our strategy". "We've made a decision to right-size our fleet and better align our locations with our strategy".
Several Sam's Club stores abruptly closed Thursday, according to news reports.
Sam's Club store in MI.More news: US embassy tries to calm Africa's Trump outrage
The company said 63 stores across the country will be closed or converted to distribution centers.