Walmart Closing 63 Sam’s Club Stores; Some Becoming Ecommerce Centers

Dear Client:Walmart is pulling the plug on 63 Sam's Club stores, Business Insider reported yesterday.A number of the 63 stores closed up shop yesterday; the rest "will stay open for several weeks before closing permanently," writes Business Insider. And get this: 10 of the stores receiving the axe will transform into Ecommerce distribution centers. Hi, Amazon. ... Although we should note that competitor Costco has been kicking butt, too: Costco's December U.S. comps were up 10.5%.Sam's Club provided the following