Sam’s Club plans to open about 15 new stores annually in the coming years while remodeling all of its roughly 600 locations across the U.S., company CEO Chris Nicholas said at an investor day Wednesday.
The Walmart-owned retailer aims to double its membership over the next eight to 10 years with the boost from the new locations, Nicholas said.
This represents an escalation to existing growth plans. Sam`s Club announced in 2023 that it would open roughly 30 new stores in the country over the next five years...
...moreThis represents an escalation to existing growth plans. Sam`s Club announced in 2023 that it would open roughly 30 new stores in the country over the next five years...
RSK: Probably a win win for Sams. If tariffs increase the cost of goods people buy then they turn to discount warehouses. If prices do not rise they still have a viable service that has more than doubled since the pandemic.
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- - Volume: 25 - WEEK: 16 Date: 4/15/2025 1:23:15 PM -