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
-
COVID Aged Your Brain Faster, Even if You Didn't Get SickWhether you contracted COVID or not, your brain took a hit. Here's what that means for your health and what you can do about it.
-
This Might Be What Your Retirement Portfolio Is MissingYou can supplement your retirement nest egg or save for other goals with a taxable brokerage account.
-
Here's How to Get Disney Plus, Hulu and ESPN Plus for $6.99 per monthThis tip allows you to enjoy three streaming services for less than the price of one.
-
Five Things to Do if You're Forced Into Early Retirement (and How to Reset and Recover)Developing a solid retirement plan — before a layoff — can help you to adapt to unexpected changes in your timeline. Once the initial panic eases, you can confidently reimagine what's next.
-
Five Ways to Adapt Your Charitable Giving Strategy in a Changing World: An Expert GuideEconomic uncertainty, global events and increasing wealth are shaping the charitable landscape this year. Here are the philanthropic trends and some tips that could help affluent donors optimize their impact.
-
Why Some Tourists May Soon Need to Pay a $15,000 Visa BondThe $15,000 visa bond pilot program goes into effect later this month. Here's what we know so far.
-
Ozempic, Botox, Eliquis: How Tariffs on Europe Could Impact Drug Prices (And What To Do About It)Most medications come from Europe. Does that mean the new tariffs on the EU will drive drug prices higher?
-
The 8 Financial Documents You Should Always ShredIdentity Theft The financial documents piling up at home put you at risk of fraud. Learn the eight types of financial documents you should always shred to protect yourself.
-
Think Twice Before Co-Signing or Guaranteeing a Lease for Your KidsIf you co-sign or guarantee a lease for your kids, make sure you understand the risks.
-
The Truth About the Dark Side of Rooftop Solar PanelsRampant bankruptcies in the solar panel industry have left many consumers with systems that don't work and no way to get them fixed. Worse, they're being hounded to keep paying despite not receiving what they were promised. What can they do?
