Wal-Mart Stores Inc. said Sunday it is cutting more than 10,000 jobs at Sam's Club, representing about 9 percent of the warehouse club operator's staff, as it outsources its product-sampling department to marketing company Shopper Events and eliminates another unit.
warehouse clubJuly Remained Sluggish for RetailersNYT > Business Thu, 08/06/2009 - 05:48
Mall-based chains continue to be hit hardest as consumers focus on necessities, but the warehouse club operator Costco’s results also missed analyst estimates. |
