Costco and Sam’s Club are two of the most popular membership-based warehouse clubs in the United States. Both offer low prices on a wide range of merchandise, including food, electronics, and home goods.
But are they owned by the same company?
The short answer is no. Costco and Sam’s Club are not owned by the same company.
Costco is a publicly traded company, while Sam’s Club is a subsidiary of Walmart. However, the two companies do have some similarities. Both were founded in the early 1980s, and both offer membership-based discounts on merchandise.
Despite their similarities, there are some key differences between Costco and Sam’s Club. For one, Costco has a much larger global presence than Sam’s Club.
Costco operates stores in eight countries, while Sam’s Club has stores in just three. Additionally, Costco offers more services than Sam’s Club, including gas stations, pharmacies, and optical centers. Finally, Costco generally has lower prices than Sam’s Club.
In conclusion, while Costco and Sam’s Club share some similarities, they are not owned by the same company. Costco is a publicly traded company with a global presence, while Sam’s Club is a subsidiary of Walmart with a more limited selection of merchandise.