How Walmart-owned Sam's Club is trying to take on Costco's private label Kirkland
What unique features does Sam's Club offer with Member's Mark?
Member's Mark, Sam's Club's private label, offers a range of carefully crafted and thoughtfully sourced products with premium qualities like organic, fair trade, kosher, non-GMO, and eco-friendly packaging. The brand aims to provide high-quality goods at competitive prices, and constantly curates its product collections to offer new and better options. Member's Mark products account for roughly 30% of Sam's Club sales in terms of dollars and more than one-third of sales in terms of units.
How does Member's Mark's sales compare to Kirkland's in terms of units?
Member's Mark accounts for more than one-third of Sam's Club sales in terms of units, while Kirkland accounts for about 28% of Costco's annual sales.
What are Sam's Club's expansion plans over the next four years?
Sam's Club plans to open more than 30 new stores over the next four years, with the first new location opening in Florida in 2024. The warehouse retailer will also modernize its distribution network by launching five new supply chain fulfillment and distribution centers, with the first location planned in Georgia5.