Sam’s West, Inc. (conducting business as Sam’s Club) can be an American chain of membership-only retail warehouse clubs owned and operated by Walmart Inc., founded in 1983 and named after Walmart founder Sam Walton. By January 31, 2019, Sam’s Club ranks second in sales volume among warehouse clubs with $57.839 billion in sales (in fiscal year 2019) behind rival Costco Wholesale.
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Its major opponents are Costco Wholesale and BJ’s Wholesale Club.
By July 31, , Sam’s Club operates 599 membership warehouse clubs in america in 44 states, Puerto Rico and the U.S Virgin Islands. The only states where Sam’s Club will not operate are Alaska (all three spots for the reason that state closed in 2018 within an idea to close 63 clubs), Massachusetts (its last remaining location for the reason that state, found in Worcester, closed in 2018 within an idea to close 63 clubs), Oregon, Rhode Island (the state’s only location, in Warwick, closed in 2016 within an idea to close 269 stores globally, including four U.S. clubs), Vermont, and Washington (all three spots for the reason that state closed in 2018 within an idea to close 63 clubs), plus the District of Columbia. Walmart International also operates Sam’s Club stores in Mexico and China. It has 163 spots in Mexico, and 27 in China. Grupo Big, formerly Walmart Brazil, that was de-consolidated from Walmart in August 2018, also operates Sam’s Clubs in Brazil. Locations generally range in proportions from 32,000-168,000 sq ft (3,000-15,600 m2), with the average club size of around 134,000 sq ft (12,400 m2).
On January 11, 2018, Sam’s Club announced the everlasting closure of select stores. In several cases, employees arrived to work and found the doors locked and a notice saying that the store would soon be liquidated. Walmart eventually told Business Insider that 63 Sam’s Club stores would commence liquidating in the united states, including in Alaska, Arizona, California, Illinois, NY, Ohio and Texas.
According to Business Insider, the Sam’s Club closings and plans to convert some stores into e-commerce fulfillment centers as announced in January 2018 are part of Walmart’s growing commitment to online retailing that may let it better contend with rival Amazon.