Skip to main content Try our corporate solution for free! Single Accounts Corporate Solutions Universities. Premium statistics. Read more. As of January , Sam's Club registered locations across the United States, of which 46 warehouses were located in the state of Florida. In that same year, BJ's Wholesale Club, another wholesale club in the country, had 33 locations in the same state. Sam's Club is a chain of membership-only retail warehouse clubs owned and operated by Walmart.
You need a Single Account for unlimited access. Full access to 1m statistics Incl. Single Account. View for free. Show source. Show detailed source information? Register for free Already a member? Log in. More information. Supplementary notes. Other statistics on the topic. B2C E-Commerce Global retail e-commerce sales General Merchandise Walmart: number of stores in the U.
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Further Content: You might find this interesting as well. Topics Walmart Cosmetics Industry in the U. Learn more about how Statista can support your business. March 19, Number of Walmart stores worldwide from fiscal year to , by division [Graph]. In Statista. Accessed November 12, Number of Walmart stores worldwide from fiscal year to , by division. What gives? Part of Sam's Club's financial problems stem from a bigger problem — the country's economy. According to The Motley Fool , most Sam's Club customers come from middle- and lower-income brackets.
When the economy goes bad, they're the ones that feel it and they're the ones cutting back on spending the most. That means they're not heading out to spend a few hundred bucks at Sam's Club.
To make matters worse, only about 15 percent of Sam's Club stores are located in the country's most affluent states — compare that to Costco's 41 percent, and you can see why there's a problem. Incoming Sam's Club CEO John Furner noted that the goal was to "transform the business," and added they needed to focus on locations more accessible to the more resilient, higher-income brackets they were going to be targeting. Sam's Club was originally founded to target small business owners, and yes, that's the same small businesses Walmart has damaged so badly.
In a weird twist of cosmic karma, the purchasing habits of those same small business owners have ultimately put a hurt on Sam's. The Motley Fool says as of , about a third of Sam's Club memberships were held by small business owners. That's a huge percentage, and with that group not spending the amount of money Sam's had expected, that created a cash flow problem for the warehouse giant. When Sam's hired a consulting firm to tell them where the real problems were, this one was twofold.
Not only were small business owners not buying as much as Sam's thought they would, but when they did buy, they were buying mostly products for their home and personal use. That completely skewed their targets, their numbers, and their bottom line. Another piece of the puzzle fell into place in June , when Business Insider reported Sam's Club would be opening a completely different kind of store: a grocery store. They reported on a yet-unnamed store in Dallas that was a template for the new model, stocked with already prepared meals and fresh food.
Many services would tech-centered, including scan-and-go checkouts, self-service returns. It will also be open to members only. At the time of their reporting, it wasn't clear exactly what this was going to mean for the future of Sam's.
According to SamsClub. The concept store is much, much smaller than a traditional Sam's Club, with only about a quarter of the footprint. They'll also be carrying a fraction of the items between 1, and 2,, compared to Sam's usual 6, , and if all goes according to plan, you might see these tech-savvy grocery stores popping up alongside — or in place of — your neighborhood Sam's. Competition has been a huge problem for Sam's Club, too, and that mostly comes from Costco. To put things in perspective, The Wall Street Journal looked at the numbers from While Sam's Club saw a sales increase of just.
Sam's has been trying to take customers from Costco for years, going back to the addition of higher-end jewelry in They tried to cater to high-end customers, small business owners, lower-income families In response, Sam's Club cut their losses along with all their stores in Washington state — the home of Costco. Retail analysts found that's not a coincidence, and 52 of the 63 closed Sam's Club locations were ones that had a Costco within 10 miles.
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