Sam's Club announces plans to remodel all 600 locations, open 15 stores per year [USA TODAY]
Walmart Inc. (WMT)
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Source: USA TODAY
CEO Chris Nicholas said during Walmart Inc.'s 2025 Investment Community Meeting on April 9 the company is emphasizing a strategy based on improving membership numbers and expanding physical and digital capabilities. “This is one of the fastest, most scalable transformations happening in retail today,” said Nicholas in a news release on April 11. “We're investing with intention — in our fleet, our associates and the member experience — to become the world's best club retailer.” With the increased number of locations, the Walmart-owned warehouse club aims to double its membership numbers and more than double sales and profit over the next 8 to 10 years. In January 2023, the across the country "over the next several years" in addition to announcing a "multiple-year plan to invest in and modernize" its supply chain. In last week's announcement, Sam's Club said it will still open 30 new locations "while building a pipeline to open approximately 15 new clubs each year over the planni
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