Q:

What company owns Sam's Club?

A:

Quick Answer

Membership-only retail warehouse chain Sam's Club is owned and operated by Wal-Mart Stores Inc., the world's largest company by revenue and a Fortune Global 500 company. Founded in 1983, Sam's Club is named after Wal-Mart founder Sam Walton.

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Full Answer

Arkansas-based Sam's Club has 653 locations across the United States and Puerto Rico, as of October 2015, serving about 47 million members. With annual sales revenue of about $58 billion, it is the eighth largest retailer in the country.

Parent company Wal-Mart has more than 11,500 stores in 28 countries. Outside of the United States, it operates Wal-Mart stores in Canada, Mexico and the United Kingdom, as well as in Asia, South America and Africa. Revenues in 2014 topped $485.6 billion. Wal-Mart also owns and operates subsidiaries such as Asda, Amigo Supermarkets, Massmart, the Seiyu Group and Vudu.

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