LayoffBlog.com

February 26, 2009

Canada: Wal-Mart to close six Ontario Sam’s club locations

According to Reuters, CNBC: “Wal-Mart Stores Inc, Canada to close six Ontario Sam’s club locations to focus on supercentre expansion. Canada says decision will affect co’s 6 Sam’s club locations in Pickering, Vaughan, Richmondhill, London, Cambridge and Etobicoke. Canada says is in discussions with a major US retailer to purchase its interest in 5 of the Ontario Sam’s club locations”

~News submitted by upthecreek

February 10, 2009

Wal-Mart cutting 700-800 jobs at its home offices

According to Reuters: “Wal-Mart Stores Inc (WMT.N) is cutting 700 to 800 jobs at its Wal-Mart and Sam’s Club home offices as the world’s largest retailer looks to realign its corporate structure and reduce costs.

The discount retailer, which has roughly 14,000 employees at its home office in Bentonville, Arkansas, is eliminating jobs in merchandising, real estate and marketing in its Wal-Mart U.S. division, while cutting merchandising positions at its Sam’s Club warehouse division.”

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