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Walmart closing 63 Sam's Club stores
Sam's club
A Sam's Club membership card. Photo: Zhang Peng / LightRocket via Getty Images

Walmart is abruptly closing 63 of its Sam's Club stores, the company told Business Insider. Some locations shut their doors as early as Thursday morning, with some employees finding out about the closures via stores with locked doors.

Notable: The closures came just hours after Walmart announced that it was raising starting wages, giving out one-time bonuses and expanding employee benefits, citing the recent GOP tax cuts.