Provided by multichannelmerchant.com……..
In the kind of move that many industry observers have talked about, Wal Mart said it plans to close 63 Sam’s Club stores, while converting 12 of them into ecommerce fulfillment centers. The facilities will close over the next few weeks, the company said.
The move is designed to speed up delivery of online orders by expanding the company’s distribution network, putting more inventory closer to end customers. Walmart and Sam’s Club currently operate more than 5,400 locations across the U.S. After the reduction, there will be 597 Sam’s Club stores.