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Business Briefing / Retail

Sam's Club to close in Canada

February 27, 2009|Times Wire Reports

Wal-Mart Stores Inc. said it would close all six of its Sam's Club membership warehouse locations in Canada by the end of March.

The Bentonville, Ark.-based discounter is shifting its focus in Canada to supercenters, which sell groceries and general merchandise, after the warehouse clubs failed to meet sales expectations, a spokesman said.

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