Sam's Club Announces Major Changes Amid Costco Rivalry

Sam's Club's CEO says the company is making major changes, including adding 15 new stores per year.

The company is facing competition from rivals like Costco and BJ's Warehouse, which are adding stores, according to CNBC.

CEO Chris Nicholas announced the changes in a LinkedIn post on April 11, 2025.

"We will open the 30 new clubs we’ve shared previously, and I’m excited to share our plans to build a pipeline to 15 new clubs each year for the foreseeable future," he wrote.

"Additionally...