Sam's Club Background Information
Sam's Club is a membership-only retail warehouse club owned and operated by Walmart Inc. It was named after Walmart's founder, Sam Walton, and opened its doors for the first time in Midwest City, Oklahoma in 1983. As a members-only establishment, it offers a range of products in bulk quantities, often at discounted prices, catering primarily to businesses and larger families looking to capitalize on economies of scale.
Sam's Club operates hundreds of locations in the United States and across the globe, providing a diverse range of products spanning groceries, office supplies, electronics, home goods, and automotive items, among others. The store also offers specialty services such as a pharmacy, optical center, and tire and battery center. Sam's Club has positioned itself not just as a bulk retailer, but also as a trusted partner to small businesses and everyday shoppers who value both quality and affordability. Their business model, which involves selling a limited number of items in large quantities, allows them to negotiate lower prices with suppliers, savings which they pass on to their members. Sam's Club is well-known for its commitment to customer satisfaction, and is a significant player in the warehouse club industry.