Sam’s Club is a chain of membership-only retail warehouses owned and operated by Walmart. It was founded in 1983 and named after Walmart founder Sam Walton. As of 2020, Sam’s Club operates in 660 locations across the United States.
Walmart acquired Sam’s Club in 2009 for $4.8 billion.
Sam’s Club is run as a separate business from Walmart, with its own CEO, but it shares many commonalities with its parent company. For example, both chains use Walmart’s proprietary logistics and inventory management system.
While Sam’s Club is technically owned by Walmart, it operates as a separate entity with its own branding and pricing strategy. Sam’s Club is positioned as a discount retailer, offering low prices on a wide range of merchandise, including groceries, electronics, and furniture.
Is Sam’s Club owned by Walmart?
Yes, Sam’s Club is owned by Walmart. However, it operates as a separate entity with its own branding and pricing strategy.
