Which company owns the Sam's Club warehouse retail chain?
Answer
Walmart
Walmart owns the Sam's Club warehouse retail chain.
Sam's Club is a membership-based warehouse retailer that sells groceries, household products, electronics, appliances, fuel, and business supplies. It operates separately from Walmart stores but belongs to the same corporate group and serves a similar warehouse-shopping market to Costco.
Walmart was founded by Sam Walton, who opened the first Walmart store in Rogers, Arkansas, in 1962. The company expanded through a low-price, high-volume model and became the world's largest company by revenue in the Fortune Global 500's 2024 ranking.
Sam's Club was named after Sam Walton and opened its first location in Midwest City, Oklahoma, in 1983. The chain is not the same as Walmart's standard supercenters: membership fees and bulk-oriented warehouse formats are central to Sam's Club's model.