Three Sam's clubs to close in Alaska

    Anchorage, Alaska (KINY) In a sign of the impacts of online shopping, Walmart announced Thursday they will close 63 Sam's Clubs including three in Alaska.

    An estimated 500 jobs could be lost in Alaska by the move and thousands more nation wide. Stores in Anchorage were closed Thursday with a notice that they would close for good on January 26.  A store in Fairbanks will also close.  Stores will also close in Texas, New Jersey, Ohio, and Indiana and other states.

    Experts argue that the rise of e-commerce has led to higher salaries and puts more pressure on larger employers.  Low unemployment rates have given retailers trouble as they seek to attract and retain talented workers.  Amazon, which dominates the market, pays more than $3 hour more than Walmart does for similar positions.  Walmart employs 2.3 million people around the world with 1.5 million of them in the U.S.

     

     

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