Walmart's Sam's Club to add 30 stores in next few years
Walmart said Thursday it plans to open more than 30 Sam’s Club locations in the next few years, marking the first expansion since 2017
NEW YORK (AP) — Walmart said Thursday it plans to open more than 30 Sam's Club locations in the next few years, marking the first expansion since 2017.
The nation's largest retailer, based in Bentonville, Arkansas, plans to open the first Sam's Club location as part of the expansion next year in Florida. Sam's Club is also modernizing its distribution network. Sam’s Club will launch five new supply chain fulfillment and distribution centers, with the first location planned in Georgia later this year.
The last new Sam's Club location opened in in Hanover, Pennsylvania.
The move comes as Walmart's Sam's Club division has enjoyed strong sales growth and a record rise in membership over the past two years. For the latest quarter ended Oct. 28, sales at stores opened at least a year rose 10% for Sam's Clubs. For the company's namesake stores, that figure was up 8.2%.
