NationMaster - Encyclopedia: Sam's Club

Sam's Club is a membership-only warehouse club owned and operated by Wal-Mart Stores, Inc. Image File history File links No higher resolution available. ... A subsidiary, in business, is an entity that is controlled by another entity. ... Wal-Mart Stores, Inc. ... Year 1983 (MCMLXXXIII) was a common year starting on Saturday (link displays the 1983 Gregorian calendar). ... Midwest City is a city in Oklahoma County, Oklahoma, United States. ... Sam Waltons original Waltons Five and Dime, now the Wal-Mart Visitors Center, in the center of Bentonville Monument in homage to James H. Berry, the Confederacy, and the Southern Soldier, called by many Feddy, located in the town square of Bentonville, facing the Wal-Mart Visitor... A drawing of a self-service store Retailing consists of the sale of goods/merchandise for personal or household consumption either from a fixed location such as a department store or kiosk, or away from a fixed location and related subordinated services (Definition of the WTO (last page). ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... A warehouse club is a retail store selling a small amount of merchandise in terms of variety. ... Wal-Mart Stores, Inc. ...

History

The first Sam's Club opened in April 1983 in Midwest City, Oklahoma in the United States.^[1] This article or section needs additional references or sources to improve its verifiability. ... Year 1983 (MCMLXXXIII) was a common year starting on Saturday (link displays the 1983 Gregorian calendar). ... Midwest City is a city in Oklahoma County, Oklahoma, United States. ...

Sam's Club is named after Sam Walton. To purchase items from Sam's Club, one must purchase a membership. Many Sam's Club customers are small businesses that wish to offer customers a limited selection of food without the expense of having it delivered. Samuel Moore Walton (March 29, 1918 â€“ April 6, 1992), born in Kingfisher, Oklahoma was the founder of two American retailers Wal-Mart and Sams Club. ...

In 1993, Wal-Mart acquired PACE Membership Warehouse and converted many (but not all) PACE locations into Sam's Clubs. Year 1993 (MCMXCIII) was a common year starting on Friday (link will display full 1993 Gregorian calendar). ... This article refers to Kmart in the United States as it existed prior to its merger with Sears, Roebuck and Company. ...

Membership is required to purchase at Sam's Club; however, a one time day pass may be obtained from many Wal-Mart newspaper ads. A 10% surcharge is added to the prices for non-members. No membership (with no surcharge) is required for Optical, Pharmacy, or Cafe (as available per club), or to purchase alcohol. However the surcharge can be applied to a membership (which is currently $35 for Business members, $40 for Advantage members, and $100 for the Plus membership). All memberships are 100% refundable at any time for any reason, even on the date that it is to be renewed.

Renewal of memberships can be done via online, through the mail, in-club at the Membership Services desk, any cash register, and also at the new ATM/Membership kiosks (the latter only available in select locations).

The latest flagship store opening as of September 13, 2007 was in Fayetteville, Arkansas. It is the second largest Sam's Club store; its largest is located in Utica, Michigan, with over 145,000 sq. ft. of retail space. is the 256th day of the year (257th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Fayetteville is a college town in Washington County, Arkansas, USA and home to the University of Arkansas. ... Utica is a city located in Macomb County in the U.S. state of Michigan. ...

Sam's Club ranks second in sales volume among warehouse clubs behind Costco Wholesale, despite the fact that Sam's has more retail locations.^[2] Costco Wholesale Corporation (NASDAQ: COST) is a membership warehouse club chain, headquartered in Issaquah, Washington with its flagship Warehouse #1 in nearby Seattle. ...

After Costco's announcement on its change of return policy for consumer electronics (now within 90 days) beginning on February 26, 2007, Sam's Club finds itself now to be tied with Nordstrom for having best, most liberal return/refund policy in the retail business. ^{[citation needed]} is the 57th day of the year in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...

In 2006, Wal-Mart acquired The Central American Retail Holding Company (CARHO). Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...

In September 24, 2006, Sam's Club received a new logo. The new logo has a nice font and features a green and blue diamond inside the big blue diamond, found above the word 'Sam's'. ^{[neutrality disputed]}

Sam's Club's previous slogan was "We Are In Bussiness For Small Bussiness" untill 2006, Sam's Club now has no slogan after the redesign of the new logo.

Design

Like other warehouse clubs, most merchandise sold at Sam's Club is sold in bulk and directly off pallets. Clubs are arranged much like a warehouse, with merchandise stocked in warehouse-style steel bins. There are currently over 580 Sam's Clubs in the United States. Products sold include jewelry, designer goods, sunglasses, crystal and collectibles, electronics, floral, apparel, food and meats. Most locations have Pharmacy, Tire and Battery, Photo, Bakery, Optical, Café and Floral departments. Sam's Club markets items under the private labels Member's Mark, Bakers & Chefs, and Sam's Club. Image File history File links Download high-resolution version (2364x2000, 684 KB) Licensing I, the creator of this work, hereby release it into the public domain. ... Image File history File links Download high-resolution version (2364x2000, 684 KB) Licensing I, the creator of this work, hereby release it into the public domain. ... Image File history File links Size of this preview: 800 Ã— 600 pixelsFull resolution (1024 Ã— 768 pixel, file size: 106 KB, MIME type: image/jpeg) Way to Go! I, the copyright holder of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms of... Image File history File links Size of this preview: 800 Ã— 600 pixelsFull resolution (1024 Ã— 768 pixel, file size: 106 KB, MIME type: image/jpeg) Way to Go! I, the copyright holder of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms of... Bulk can refer to: Bulk mail Bulk Purchasing Bulk liquids Bulk material handling Bulk and Skull, a pair of characters in the Power Rangers universe. ... A wooden pallet A plastic pallet with nine legs, which can be lifted from all four sides A Pallet can also be a small, hard, or temporary bed (a term heavily used in the southern United States to describe a makeshift bed consisting of a blanket and a pillow on... Old warehouses in Amsterdam Inside Green Logistics Co. ...

Today, Sam’s Club has more than 47 million U.S. Members and operates more than 580 Clubs nationwide, as well as more than 100 international locations in Brazil, Canada, China, Mexico and Puerto Rico.

A typical Sam’s Club stands between 110,000 and 130,000 square feet. The Sam's Club division of Wal-Mart Stores, Inc. had total sales revenue of US$37.1 billion for fiscal year ending 31 January 2005. Sam's primary competitor is Costco Wholesale, and many Sam's warehouses closely emulate the design and product selection found at Costco. USD redirects here. ... is the 31st day of the year in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Costco Wholesale Corporation (NASDAQ: COST) is a membership warehouse club chain, headquartered in Issaquah, Washington with its flagship Warehouse #1 in nearby Seattle. ...

Payment options

Until recently, Sam's Club only accepted cash, PIN-based debit cards, the Wal-Mart Credit Card, Sam's Club Credit Card, or Discover Card (Sam's Club and Wal-Mart both also offer a Discover Card). Despite several tests over the years, some Sam's Clubs did not accept Visa or MasterCard because of high processing fees. Likewise, Sam's does not accept American Express, likely due to the fact that rival Costco has an exclusive acceptance agreement with American Express. However, on 9 November 2006, Sam's Club began accepting MasterCard credit and signature debit cards. Some Sam's Clubs also allows members to pay by using Visa signature debit cards (no PIN necessary); however, Sam's Club has accepted these cards for quite some time. It is not known whether rival Costco will follow suit. Discover Network acceptance mark Discover Card is one of the four major credit card brands issued primarily in the United States, with over 50 million cardholders. ... American Express (NYSE: AXP), sometimes known as AmEx or Amex, is a diversified global financial services company, headquartered in New York City. ... is the 313th day of the year (314th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... MasterCard Worldwide (NYSE: MA) is a multinational corporation based in Purchase, NY in the United States. ... Costco Wholesale Corporation (NASDAQ: COST) is the largest membership warehouse club chain in the world based on sales volume, headquartered in Issaquah, Washington, United States,[1] with its flagship warehouse in nearby Seattle. ...

Sale or spinoff

There has been much recent talk about a possible sale or spinoff of Sam's Club from parent company Wal-Mart. If this were to happen, Sam's Club would either be owned by another company, or be an independent standalone retailer. Two recent Motley Fool articles explore the implications for both divisions. ^[3] ^[4] At Wal-Mart's 2007 annual shareholder's meeting, management said that Sam's Club is not for sale, although they didn't say they are not considering a spinoff. ^[5] The Motley Fool is a commercial website about stocks, investing, and personal finance. ...

See also

Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... is the 267th day of the year (268th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Costco Wholesale Corporation (NASDAQ: COST) is the largest membership warehouse club chain in the world based on sales volume, headquartered in Issaquah, Washington, United States,[1] with its flagship warehouse in nearby Seattle. ... BJs Wholesale Club, Inc. ...

References

External links

Categories: All articles with unsourced statements | Articles with unsourced statements since March 2007 | NPOV disputes | Wal-Mart | Companies established in 1983 | Companies based in Arkansas Wal-Mart Stores, Inc. ... Samuel Moore Walton (March 29, 1918 â€“ April 6, 1992), born in Kingfisher, Oklahoma was the founder of two American retailers Wal-Mart and Sams Club. ... David Glass David D. Glass became Owner and Chief Executive Officer of the Kansas City Royals on April 18, 2000 after serving as Chairman of the Board of Directors of the Royals since Sept. ... H. Lee Scott, Jr. ... Jim C. Walton (born 1948?) is the youngest son of Walmart founder Sam Walton. ... Bud Walton Arena Inside of Bud Walton Arena during a game. ... Samuel Robson (Rob) Walton (born 1945, in Tulsa, Oklahoma) is the eldest son of Sam Walton, founder of Wal-Mart, the worlds largest retailer. ... Douglas N. Daft (born 1943 in Cessnock, New South Wales) is an Australian businessman. ... Amigo Supermarkets (Supermercados Amigo) are a chain of supermarkets located in Puerto Rico owned by Wal-Mart Stores, Inc. ... This article is about the supermarket chain. ... Wal-Mart Stores, Inc. ... Wal-Mart Neighborhood Market stores are designed to be the opposite of vastly larger superstores. ... Wal-Mart Stores, Inc. ... Walmex, or Wal-Mart de Mexico, is a Latin American blue-chip company, a majority of which is owned by the American retail giant Wal-Mart Stores, Inc. ... Several groups have criticized Wal-Marts policies and/or business practices, including community groups, grassroots organizations, labor unions,[1] religious organizations,[2][3] and environmental groups. ... This article covers the history of Wal-Mart, the large international discount retail chain. ... Wal-Mart Stores, Inc. ... A collection of Wal-Mart store brand items. ... The United States dollar is the official currency of the United States. ... Image File history File links No higher resolution available. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial statements in businesses and other organizations. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ...