Sam's Club
Sam's Club is a membership-only retail warehouse club owned and operated by Walmart Inc.. Named after Walmart's founder, Sam Walton, Sam's Club was first opened in Midwest City, Oklahoma, in 1983. The club provides a broad selection of merchandise, including groceries, apparel, home goods, and electronics.
History
Sam Walton founded Sam's Club to help small businesses save money by purchasing products in bulk. The first Sam's Club opened on April 7, 1983, in Midwest City, Oklahoma. Since then, the chain has grown to include over 600 locations worldwide, with the majority in the United States.
Membership
Membership at Sam's Club is required to make purchases. The company offers several types of memberships, including Business, Savings, and Plus. Each membership tier offers different benefits, such as early shopping hours, cash rewards, and free shipping on most items.
Products and Services
Sam's Club offers a wide range of products, from fresh produce and meat to electronics and jewelry. The company also provides various services, including pharmacy, optical, and photo center services. In addition, Sam's Club operates gas stations at many of its locations.
Business Model
Sam's Club operates on a warehouse club business model. This model allows the company to sell products at lower prices by selling in bulk. The company also generates revenue through membership fees.
Criticism and Controversy
Sam's Club has faced criticism for its labor practices, including low wages and poor working conditions. The company has also been involved in several lawsuits related to these issues.
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