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Sam's Club Launches Ambitious Expansion and Modernization Plan

The retailer commits to opening 15 new stores annually and remodeling all 600 locations, aiming to double membership, sales, and profits within a decade.

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Residents wait in line at Sam's Club in the aftermath of Hurricane Helene Sunday, Sept. 29, 2024, in Aiken, S.C.

Overview

  • Sam's Club will open 15 new locations each year for the foreseeable future, surpassing its earlier goal of 30 new stores over five years.
  • All 600 existing stores will be remodeled, incorporating features like register-free shopping and enhanced digital tools such as Scan & Go and AI-driven advertising.
  • The expansion and modernization efforts are designed to strengthen Sam's Club's competitive position against Costco and BJ's Wholesale Club.
  • The company aims to double its membership, sales, and profits over the next 8 to 10 years, leveraging both physical and digital growth strategies.
  • The remodeled stores will follow the Grapevine, Texas concept, featuring an omnichannel showroom, online exclusives, and streamlined customer experiences.