Tag: Club

Sam’s Club Unveils New Plans For Holiday Season; To Hire 2,000 Associates

October 8, 2020
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(RTTNews) – Sam’s Club, a division of Walmart, Inc. (WMT), announced Thursday that it plans to deliver something special throughout the holiday Season. The company is also hiring 2,000 permanent, full-time supply chain associates to support the expected demand amid a busy shopping season.

Sam’s Club would add more days of deals for its members, introduce more newness, more often in clubs and online, and plan unexpected moments that delight shoppers throughout the season.

The decision is based on a survey of its members regarding holiday shopping plans. Among them, 61 percent said they would be shopping more online this year, and 31 percent said they would be shopping earlier than past years.

The company is offering more days for members to save through holiday savings events. October Savings Event has already started from October 4. The other events include November Instant Savings from October 28 to November 29; November

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Wall Street’s Most Exclusive Club Is Getting Smaller. The Perks Are Getting Better.

October 6, 2020
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A seat in

Goldman Sachs

Group Inc.’s partnership was once Wall Street’s most coveted prize. The firm’s 1999 initial public offering minted one generation of multimillionaires; the trading and buyout boom of the 2000s made another.

But pay fell after the financial crisis and the partnership swelled. Goldman’s partners remain one-percenters, but Wall Street’s brass ring has lost its luster.

Chief Executive David Solomon is trying to restore it. Goldman’s new class of partners, to be promoted next month, is likely to be its smallest since the mid-1990s, according to people familiar with the matter. And for those who make the cut, the Wall Street firm is dangling a new financial carrot: access to profits from its private investment funds.

Partners will receive carried interest—a slice of future profits, taxed at low rates—in four of Goldman’s private investment funds starting this year, people familiar with the plans said. The firm

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