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What's the net impact of Walmart raising wages but closing Sam's Clubs?

CBS News
What's the net impact of Walmart raising wages but closing Sam's Clubs?

Walmart announced Thursday it will increase starting wages to $11 per hour, expand maternity leave and pay $1,000 bonuses for some employees. But hours after that announcement, the company also announced the closing of 63 Sam's Club stores, making it a somewhat contradictory day for the retail giant