Sam’s Club, which has one Montgomery County location at 610 N Frederick Ave. in Gaithersburg, has announced that it will be opening 30 new locations across the country and will be remodeling all 600 of its existing clubs.
As part of its long-term roadmap, Sam’s Club will open 30 new locations as previously announced, while building a pipeline to open approximately 15 new clubs each year over the planning horizon. The retailer also plans to remodel all 600 of its existing clubs, with the newly opened Grapevine, Texas, location setting the standard for the club of the future. As of now, a timeline for the remodeling of the Gaithersburg club (and nearby Sterling, VA club) is not yet available.
The Walmart-owned $90 billion business, which began as a “bold experiment” over four decades ago, is entering a new era of transformation, with plans to double membership and more than double sales and profit over the next 8 to 10 years.
These physical investments are being matched by a powerful digital expansion. By leveraging Walmart’s enterprise fulfillment network and technology platforms, Sam’s Club is scaling a national eCommerce presence that enables membership growth beyond its physical club footprint.
“We are not limited by our physicality — we are enabled by it,” Nicholas noted during the meeting. “Our omnichannel model creates more opportunities to engage with members where they are, and how they want to shop.”