Warehouse stores continue to be in high-demand. And Sam's Club is taking that momentum and running with it.
The Walmart-owned warehouse club announced aggressive expansion plans, where it will open up to 15 new locations each year.
On top of this, your local Sam's Club is about to receive a fresh look, as the retailer plans to remodel all of its locations.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Why is Sam's Club expanding now?
On the surface, it might seem like a curious time to add new stores. With tariffs and inflation concerns nosediving consumer sentiment, it's common for people to pull back spending until the fog lifts.
However, warehouse clubs like Sam's Club offer a ton of value. It represents a one-stop shop, where customers can save on groceries, prescriptions and gas.
These savings extend further for new customers. You can save up to 50% off an annual membership:
And its popularity is far from waning.
While other retailers struggled, warehouse clubs press ahead. Sam's Club reported a year-over-year increase in sales of 5.9%.
In addition, there's been a 24% surge in e-comm sales, representing a growing trend of Sam's Club customers using the curbside or delivery features.
Where is Sam's Club expanding in 2025?
Sam's Club announced it will open three new stores in 2025. Here are the new locations:
- Grapevine, Texas
- Tempe, Arizona
- Lebanon, Tennessee
On top of this, Sam's Club plans to break ground on seven new locations. These stores won't open in 2025, but do signal a trend that the retailer is serious about opening 15 stores a year.
The goal of adding new stores and remodeling existing ones is to increase membership. U.S. CEO Chris Nicholas said the company aims to double its membership over the next 8-10 years.
Other warehouse clubs follow a similar blueprint. Costco will add 28 new locations, while BJ's will open 25 to 30 new stores in the next two years, focusing on new adds in Tennessee, Florida, Texas and Georgia.
The bottom line
Sam's Club plans to use its momentum to add new stores. The retailer has three slated to open this year, and will break ground on seven other locations.
While consumer sentiment is low due to inflation concerns, warehouse clubs like Sam's Club offer a ton of value, making them more appealing even in uncertain economic times.
Related content
-
Ask the Editor — Tax Questions on Inherited IRAsAsk the Editor In this week's Ask the Editor Q&A, we answer tax questions from readers on the rules on inheriting IRAs.
-
I Asked Experts When It's Worth Splurging on Beauty and Skincare — and When You Can SaveSmart Shopping Experts agree that while you don't have to spend three figures on your products, some higher-priced items have value.
-
When It's Worth Spending Money on Beauty and Skincare — and When You Can Save
Smart Shopping Experts agree that while you don't have to spend three figures on your products, some higher-priced items have value.
-
How to Find the Best Alternatives to Popular Travel DestinationsYou don’t have to bust your budget or battle big crowds to enjoy pristine natural beauty, rich culture, authentic cuisine and more.
-
My First $1 Million: Retired Self-Employed Attorney, 75, Coast of WashingtonEver wonder how someone who's made a million dollars or more did it? Kiplinger's My First $1 Million series uncovers the answers.
-
Walmart Takes on Prime Day With Competing July Deals EventWalmart is launching its own multi-day sales event to rival Amazon Prime Day — and it could be a smart time to shop, even if you're not a member.
-
7 Golf Course Destinations to Vacation Away from the CrowdsBeat the growing crowds of new golfers at these golf course destinations off the beaten path.
-
A Financial Expert's Three Steps to Becoming Debt-Free (Even in This Economy)If debt has you spiraling, now is the time to take a few common-sense steps to help knock it down and get it under control.
-
I'm an Insurance Expert: This Is How Your Insurance Protects You While You're on VacationHere are three key things to consider about your insurance (auto, property and health) when traveling within the U.S., including coverage for rental cars, personal belongings and medical emergencies.
-
The Best FSA or HSA-Eligible Prime Day Deals You Can Shop NowDouble down on savings by taking advantage of these early Prime Day deals that are FSA or HSA eligible. Save on fitness trackers, air purifiers, baby gear and more.
