Walmart's Sam's Club to shut stores after 'review'

(Reuters) - Sam's Club, a unit of Walmart Stores Inc <WMT.N>, closed a series of stores following a review, the membership-only store chain said in a tweet on Thursday.

The tweet came after a series of reports from local news outlets said some Sam's Club stores were closed abruptly on Thursday, with employees learning of the move as they arrived for work.

Earlier in the day Walmart said it would raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month's major overhaul of the U.S. tax code.

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(Reporting by Siddharth Cavale in Bengaluru; Editing by Savio D'Souza)