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The CEO of Sam's Club explains why the retailer's decision to shutter dozens of stores was a move to win over the middle class

2 monthes ago   |   By Business Insider

Walmart -owned Sam's Club has undergone a number of big changes over the past few years.
The chain has shut down a number of warehouses across the country, converting some to fulfillment centers and " e-clubs," or mini distribution centers in urban areas.
CEO John Furner addressed the strategy behind that move at the second annual Groceryshop conference in Las Vegas.
Visit Business Insider's homepage for more stories .
LAS VEGAS - Sam's Club isn't the same warehouse chain it was a few years ago. Since 2017, the Walmart -owned membership chain has boosted its e-commerce capabilities and...
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