As someone who has benefited a lot from great deals (like gift cards and open boxes) over the years at Sam’s Club, I was really disappointed to hear the news today that they are closing many stores.
Over 60 Sam’s Clubs Closing Soon
Let me start by saying that I feel terrible for all the employees that are affected by this and I really hope Sam’s is able to do something to help them get other jobs.
It was a shocker to many members – and even associates – today when they shows up at Sam’s Clubs across the country and found a paper saying the store was closed.
The two Sam’s Club in my home area did this but said they will be reopening tomorrow (and closing for good at the end of the month). This was news to even the employees.
Here is a portion of what the CEO said in a letter to their employees (as reported by Business Insider):
“After a thorough review, it became clear we had built clubs in some locations that impacted other clubs, and where population had not grown as anticipated,” Furner said in the email.”
I don’t entirely think this is the full story as the two they are closing in our area are the only ones for hundreds of miles around. It most likely has more to do with the impact of BJs and Costcos that have been opening in areas to that threaten the business of Sam’s Club.
Sam’s Club will be refunding the membership of members who are affected with these closures. It would seem this decision was somewhat of a sudden one since they have been running membership deals and even offering special deals with Amex through their Amex Offers section. Not to mention the sudden closure of stores…
Which Stores Are Being Closed?
Here is the current list of Sam’s Clubs that have closed already or will be closing in the weeks to come:
8801 Old Seward Hwy, Anchorage, AK 99515
- 1074 N Muldoon Rd, Anchorage, AK 99504
- 48 College Rd, Fairbanks, AK 99701
- 3900 Grants Mill Rd, Irondale, AL 35210
- 2425 E Florence Blvd, Casa Grande, AZ 85194
- 5757 E State Route 69, Prescott Valley, AZ 86314
- 1375 S Arizona Ave, Chandler, AZ 85286
- 15255 N Northsight Blvd, Scottsdale, AZ 85260
- 3360 El Camino Ave, Sacramento, CA 95821
- 17835 Gale Ave, City of Industry, CA 91748
- 12540 Beach Blvd, Stanton, CA 90680
- 12920 Foothill Blvd, Sylmar, CA 91342
- 69 Pavilions Dr, Manchester, CT 06042
- 2 Boston Post Rd, Orange, CT 06477
- 355 FL-436, Fern Park, FL 32730
- 7233 N Seacrest Blvd, Lantana, FL 33462
- 5135 S Dale Mabry Hwy, Tampa, FL 33611
- 2994 Turner Hill Rd, Lithonia, GA 30038
- 501 N Randall Rd, Batavia, IL 60510
- 21430 S Cicero Ave, Matteson, IL 60443
- 6600 44th Ave, Moline, IL 61265
- 808 S Illinois Rte 59, Naperville, IL 60540
- 900 S Barrington Rd, Streamwood, IL 60107
- 1055 McHenry Rd, Wheeling, IL 60090
- 460 S Weber Rd, Romeoville, IL 60446
- 3015 W 86th St, Indianapolis, IN 46268
- 10859 E Washington St, Indianapolis, IN 46229
- 4024 Elkhart Rd #1, Goshen, IN 46526
- 9598 Cortana Pl, Baton Rouge, LA 70815
- 9750 Reisterstown Rd, Owings Mills, MD 21117
- 1 Tobias Boland Way, Worcester, MA 01607
- 340 E. Edgewood Boulevard, Lansing, MI 48911
- 32625 Northwestern Hwy, Farmington Hills, MI 48334
- 3745 Louisiana Ave S, St Louis Park, MN 55426
- 2800 27th Ave S, Moorhead, MN 56560
- 11 Batchelder Rd, Seabrook, NH 03874
- 81 International Dr S, Budd Lake, NJ 07828
- 1900 E Linden Ave, Linden, NJ 07036
- 301 Nassau Park Boulevard, Princeton, NJ 08540
- 2649 Erie Blvd E, Syracuse, NY 13224
- 720 Fairmount Ave, Jamestown, NY 14701
- 700 Elmridge Center Dr, Rochester, NY 14626
- 1600 Marketplace Dr, Rochester, NY 14623
- 5085 Dawn Dr, Lumberton, NC 28360
- 1101 Shiloh Glenn Dr, Morrisville, NC 27560
- 4825 Marburg Ave, Cincinnati, OH 45209
- 9570 Fields Ertel Rd, Loveland, OH 45140
- 1145 Carr 2, Bo Florida Afuera, Barceloneta, 00617, Puerto Rico
- Carr 830, Bayamón, Puerto Rico, 00957
- Carr 3 Km 82 Bo Junquitos, Humacao, 00741, Puerto Rico
- 615 Old Hickory Blvd, Nashville, TN 37209
1805 Getwell Rd, Memphis, TN 38111
- 1615 S Loop W, Houston, TX 77054
- 13331 Westheimer Rd, Houston, TX 77077
22296 Market Place Dr, New Caney, TX 77357
- 12919 San Pedro Ave, San Antonio, TX 78216
- 741 E Little Creek Rd, Norfolk, VA 23518
- 4571 S Laburnum Ave, Richmond, VA 23231
- 901 S Grady Way, Renton, WA 98057
- 1101 Outlet Collection Way, Auburn, WA 98001
- 7050 Watts Rd, Madison, WI 53719
- 1540 S 108th St, West Allis, WI 53214
- 13550 Aurora Ave N, Seattle, WA 98133
How Does This Impact Deals?
Sam’s Clubs has long had some great deals, especially on gift cards. I just recently got a great Texas De Brazil gift card deal of $100 for $80! 🙂
I have also had great success over the years with their open-box electronics for resale opportunities. One of the best deals I had ever found for resale was the Bowflex weights years ago. I think I ended up paying like $29 for the smaller adjustable ones with the stand and sold all 10 or 11 of them for at least $100 profit each!
Anyway, I doubt that Sam’s will be doing any type of liquidation since they have other clubs and they plan on turning many of the clubs that will be closed into distribution centers (so they could just leave the merchandise in those clubs).
But, if you want to grab any of their gift card deals, I would do that in the next day or two. Also, make sure you use your Amex Offer – if you have not already.
Are you losing your Sam’s Club?