Sam’s Club makes a big change to a beloved membership perk
The warehouse club has confirmed that its members are in for an unexpected surprise.
During the holiday season, Sam’s Club, which is owned by Walmart (WMT) , appears to have resonated well with deal-hungry shoppers as it faced stiff competition from rivals such as Costco and BJ’s.
In Walmart's fourth-quarter earnings report for 2024, it revealed that Sam’s Club’s net sales in the U.S. increased by 5.7% year-over-year, specifically facing growth in health and wellness, and food categories.
