Sam’s Club vector logo
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About Sam’s Club
Sam’s Club is an American chain of membership-only retail warehouse clubs owned and operated by Walmart Stores, Inc., founded in 1983 and named after Walmart founder Sam Walton. As of 2012 Sam’s Club chain serves 47 million U.S and Puerto Rican members and is the 8th largest U.S. retailer. As of January 31, 2008 Sam’s Club ranks second in sales volume among warehouse clubs behind Costco, despite the fact that Sam’s has more retail locations.
Walmart does not release individual financial data for Sam’s Club, other than year over year performance. Sam’s Club reported an 8.4% sales increase in 2012, 3.9% in 2011, -1.4% in 2010, and 4.9% in both 2009 and 2008. This is significatly higher growth than Walmart U.S. stores, who did not have higher than 0.3% growth since 2009.
Its major competitors are Costco and BJ’s Wholesale Club.
As of May 1, 2012, Sam’s Club operated 612 membership warehouse clubs, the vast majority in the U.S., but also in Brazil, China and Mexico. There are plans to open 12 new clubs by the end of 2012: Hendersonville, TN; Lubbock, TX; McAllen, TX; Worcester, MA; Denham Springs, LA; Lincoln, NE; Elgin, IL; Houston (Pearland), TX; Kansas City, KS; St. Petersburg, FL; Covington, LA; and Wentzville, MO;
As of January 31, 2009, Sam’s Club operated 602 membership warehouse clubs in 47 U.S. states (Oregon, Rhode Island and Vermont are the only states which do not have a Sam’s Club), as well as Puerto Rico, Brazil, China and Mexico. Locations generally range in size from 70,000–190,000 sq ft (6,500–18,000 m2), with an average club size of approximately 133,000 sq ft (12,400 m2).
