Fairbanks Sam's Club reportedly closing amid nationwide downsizing

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FAIRBANKS, Alaska - UPDATE 9:17 a.m.: Walmart officials confirm that the Fairbanks Sam's Club location will be closing Jan. 26. The chain's two locations in Anchorage will also be closing on the same day. Employees were told this morning, and the Fairbanks store is closed today for internal meetings and logistics. The store will reopen tomorrow for its final two weeks in business.

A spokeswoman for Walmart says the approximately 150 employees at the Fairbanks Sam's Club will receive 60 days' pay and may be eligible for severance. She says no Walmart locations are affected. According to the company, the reason for closing the Alaska stores was "for business reasons" as part of managing the company's portfolio of stores.

ORIGINAL STORY: Multiple sources report that the Fairbanks Sam's Club will soon be closing as part of a broad, unannounced downsizing taking place today at store locations across the U.S.

According to employees at the Fairbanks store, workers arrived this morning to be told that the Fairbanks location at 48 College Road will be closing two weeks from today, on Jan. 26.

Sam's Club is an offshoot of Walmart, the Arkansas-based retail megachain. Calls to Walmart media relations were not immediately returned, but a search for Sam's Club locations on the corporate website turned up no results. Anchorage media outlets are reporting the two locations there are closing as well, meaning there would be no Sam's Club stores in Alaska.

The apparent closings look to be part of a broader unannounced downsizing across the country today, as dozens of towns across the U.S. awoke to similar news.
This story will be updated.