by - March 28, 2021 11:49 am
Private brands are essential in retail and warehouse clubs. Costco’s Kirkland Signature brand is worth about $75 billion, arguably one of the largest private labels in the country in terms…
by - October 22, 2020 1:45 pm
Sam’s Club is throwing its hat into the telehealth arena by partnering with 98point6 to offer subscriptions for an initial quarterly charge of $20 and quarterly renewals after that priced…
by - June 21, 2020 7:37 pm
Sam’s Club CEO Kathryn McLay said too often women executives don’t understand their value. In the June 18 interview with Doug Waller, chief revenue officer of InContext Solutions, McLay shared…
by - November 15, 2019 11:00 am
Walmart has named Kathryn McLay, 45, as CEO for Sam’s Club. McLay replaced John Furner who was promoted to CEO of Walmart U.S. effective Nov. 1. McLay joined Walmart in…
by - September 10, 2019 7:54 am
Megan Crozier, a 16-year Walmart veteran, has been tagged as the new chief merchant for Sam’s Club, according to an internal memo sent by Sam’s Club CEO John Furner on…
by - August 29, 2019 2:03 pm
Sam’s Club, a retailer with revenue of $59 billion last year, makes its money from memberships. Under the direction of CEO John Furner, Sam’s Club has continued to try and…
by - June 14, 2019 5:10 pm
Sam Walton once said the best ideas often come from the people who work and shop the retail giant. That proved to be true recently when Walmart CEO Doug McMillon…
by - June 9, 2019 3:30 pm
Sam’s Club executive Clint Gill, who oversees grocery and beverage for the retailer, said his sales team is in the midst of its annual review of merchandise assortment with plans…
by - June 6, 2019 1:43 pm
Sam’s Club CEO John Furner spoke with members of the media Wednesday night (June 5) in Bentonville during Walmart’s annual shareholders’ week activities. He said the concept store — Sam’s…
by - January 30, 2019 3:59 pm
Sam’s Club President and CEO John Furner told business leaders and executives in Little Rock on Wednesday (Jan. 30) that the wholesale retailer has undergone the greatest transformation in the…
by - November 29, 2018 10:28 am
Bentonville retailer Sam’s Club is moving forward with its plan to provide corporate employees with a rare but sought-after perk. The company plans to build for its working parents an…
by - June 3, 2018 6:30 pm
Walmart CEO Doug McMillon and his top management team on Friday were asked repeatedly by equity analysts about the recent $16 billion investment for a 77% majority stake in Indian…
by - March 3, 2018 2:07 pm
Sam’s Club suppliers received an email Saturday (March 2) outlining the retailer’s new partnership with Nielsen and cloud-based analytics firm 1010data to create a Member Analysis, Data Reporting & Insights…
by - February 14, 2018 6:01 pm
Sam’s Club on Wednesday (Feb. 14) pared down its membership levels from three to two. The basic membership for $45 remains, and the $100 “Plus” membership comes with free-shipping on…
by - January 11, 2018 5:30 pm
It was the classic “good news, bad news” day at Wal-Mart Stores. On the same day (Jan. 11) the world’s largest retailer announced hourly wage increases for U.S. employees, Sam’s…
by - December 20, 2017 2:13 pm
Sam’s Club, the warehouse club division owned by Wal-Mart Stores Inc., is planning to build a new layout center in Bentonville, just a few steps from its headquarters on Simple…
by - December 18, 2017 5:29 pm
John Furner took over as Sam’s Club CEO on Feb. 1 this year, and brought with him two decades of retail operations experience from working his way up through the…
by - October 16, 2017 2:10 pm
John Furner, CEO of Sam’s Club, told the Wall Street investment community last week he understood their questions about whether his new leadership team will move the needle in a…
by - September 26, 2017 5:09 pm
Automation of money-counting and some accounting roles in Sam’s Club stores will result in about 700 job cuts. The retailer said employees have opportunities to transfer positions but some of…
by - June 22, 2017 4:41 pm
Jet.com President Liza Landsman honed her math and analytical problem solving skills from an early age thanks to a grandfather who was a bookie and spent a lot of time…
