(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 Savings Event- extended from one day to nine days, from November 7 to November 15; and 10 Days of Thanks-Savings- extended from four days to 10 days from Nov. 20 to Nov. 29.

Further, Cyber Monday Online-Only Savings Event is on Nov. 30; December Instant Savings will come from Dec. 1 to Dec. 24; and December Savings Event; extended from one day to nine days from Dec. 5 to Dec. 13.

The warehouse club will unveil all its November deals in a single savings book, mailed to members’ homes the week of Oct. 21. The deals for the December events will also be shared with members in just one book that is mailed to members’ homes in late November.

Regarding hiring, Sam’s Club said all fulfillment center hourly associates will receive a $2 hourly premium during the holiday season. Hundreds of those new hires will work at the retailer’s new,

Agency Becomes Inszone’s Tenth Acquisition in California

Inszone Insurance Services, a rapidly growing national provider of personal and commercial lines insurance, announced today the acquisition of McDowall and Keeney Insurance Associates.

McDowall and Keeney Insurance Associates is a multi-generational agency that has provided service to residents and businesses in the Sacramento area since the 1920’s. Initially two separate agencies, Keeney Insurance Agency and McDowall Insurance Agency merged in 1993 to form McDowall and Keeney Insurance Associates. Having been continuously owned and operated by the McDowall and Keeney families through decades, Inszone will continue to build and provide the top-notch service current customers have grown accustomed to. Following the transition, McDowall and Keeney employees will continue operating out of Inszone’s Rancho Cordova location in Sacramento, with both previous owners Steve Keeney and John McDowall on board.

“The acquisition of McDowall and Keeney Insurance Associates is an important one for us, Inszone was founded and grew out of the Sacramento area, so it is a big step in not only growing our footprint in California but also in our home in Sacramento,” said Norm Hudson, CEO of Inszone Insurance. “We are aware of the rich history that this acquisition has, and we hope to provide all of the existing customers with an expanded coverage offering, access to improved technology and best in class customer service.”

Inszone Insurance is expected to announce a number of important acquisitions in the upcoming months as it continues to build its national presence.

About Inszone:

Established in 2002 Inszone Insurance Services is a leading privately held Insurance agency based in Sacramento California, focused on Personal and Commercial Insurance for both small and large businesses. With a strong and experienced management team, Inszone continues to grow organically as well as through acquisitions. Over the past 2 years Inszone

  • Associates at Wall Street investment banks can expect to earn total compensation that, in some cases, exceeds more than $250,000 per year.
  • We tapped data from Wall Street Oasis to determine how much investment banking associates are earning at some of the most prominent firms on the Street.
  • Here’s what banks like Morgan Stanley, Citigroup, Wells Fargo, and JPMorgan Chase pay their associates in salary and bonuses, on average.
  • Are you a young person working on Wall Street? Contact this reporter via email at [email protected], encrypted messaging app Signal (561-247-5758), or direct message on Twitter @reedalexander.
  • Visit Business Insider’s homepage for more stories.

Investment banking associates at firms like Goldman Sachs, Credit Suisse, and Morgan Stanley earn well into the six figures. 

Associates can expect to earn total compensation that, in some cases, exceeds more than $250,000 per year. That’s a combination of their base salary, which exceeds a minimum of $130,000 at all of these firms, and lucrative bonuses that range from just shy of $60,000 to more than $118,000 per year.

Read more: COMP COMPARE: From Goldman Sachs to JPMorgan, here’s what you can make at all the bulge-bracket banks as a first-year IB analyst

Business Insider gathered up salary data from the 10 bulge-bracket banks to figure out exactly what investment banking associates are earning. We used data from the website Wall Street Oasis, which in turn aggregates these figures directly from user submissions.

For comparison, associates outpace more junior analysts significantly when it comes to annual compensation. First-year analysts at big banks pull in an average salary of $91,000 per year (not including bonuses), as Business Insider has previously reported.

Banks hire associates out of MBA programs, and also offer some analysts looking to stay in investment banking direct promotions to the associate level.  


Shares of dialysis service provider American Renal Associates  (ARA) – Get Report jumped over 67% Friday after the company entered a definitive agreement to be acquired by Innovative Renal Care, a unit of private equity firm Nautic Partners.

The stock of the Beverly, Mass., company rose 66.50% to $11.60 at last check.

The all-cash deal values ARA at $853 million, the company said. The shareholders at ARA, backed by Centerbridge Partners, will receive $11.50 per share in cash, a premium of 66% to ARA’s closing price on Oct. 1, as per the terms of the agreement.

The transaction is expected to close in the first quarter of 2021, subject to shareholder and regulatory approvals, as well as the satisfaction of customary closing conditions. The board of ARA unanimously approved the agreement.

Centerbridge Partners has entered into a voting agreement pursuant to which it has agreed to vote in favor of the transaction.

“This transaction recognizes the value of the company and delivers a meaningful premium to shareholders,” said Chairman and Chief Executive Officer Joe Carlucci, in a statement. 

“I have decided to delay my previously announced retirement in order to guide the company through this transaction and into its next stage,” Carlucci added.

“We are excited to bring together ARA management and IRC’s complementary team of executives as we look to support the company in executing against its strategic plan built on a differentiated, patient-centric approach to the renal care market,” said Dan Killeen Principal at Nautic.

“Nautic is a firm with significant healthcare expertise and we are excited by their support as we engage with members of the IRC team for the next chapter of our company’s growth…We also want to thank Centerbridge Partners for their thoughtful support over these past 10 years,” Carlucci further said.