Samsclub

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Samsclub

Sam's West, Inc. is 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., Sam's Club ranks second in sales volume among warehouse clubs with $57.839 billion in saleshttp://d18rn0p25nwr6d.cloudfront.net/CIK-0000104169/3460d423-ab69-4c7f-b7c0-ffebc209e2a7.pdf behind rival Costco Wholesale. Its major competitors are Costco Wholesale and BJ's Wholesale Club. , Sam's Club operates 599 membership warehouse clubs in 44 U.S. states and Puerto Rico. Alaska, Massachusetts, Oregon, Rhode Island, Vermont, and Washington are the only states where Sam's Club does not operate, as is the case for the District of Columbia. Walmart International also operates Sam's Club stores in Mexico and China. It has 163 locations in Mexico, and 26 in China.. Grupo Big, formerly Walmart Brazil, which was de-consolidated from Walmart in August 2018, also operates Sam's Clubs in Brazil. Locations generally range in size from, with an average club size of approximately . On January 11, 2018, Sam’s Club announced the permanent closure of select stores. In a number of cases, employees showed up to work and found the doors locked and a notice saying that the store would be soon liquidated. Walmart eventually told Business Insider that 63 Sam’s Club stores would begin liquidating across the country, including in Alaska, Arizona, California, Illinois, New York, 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 will allow it to better compete with its rival Amazon.
Source: Wikipedia, licensed under the GFDL