"products under the 'Lucerne' brand, while the Kroger's line of supermarkets sells products under several names, ranging from the top quality 'Private Selection' down to the budget-driven line 'Kroger Value'. Many name brand companies are thought to have better quality products than generic brand products. Membership-based ""warehouse club"" stores have begun their own contract-packed brands. The Wal-Mart owned Sam's Club sells products under the name 'Member's Mark', Costco sells products under the name 'Kirkland Signature' (a reference to former corporate home office location, Kirkland, Washington), and BJ's Wholesale Club sells products branded 'Berkley & Jensen' (a store self-reference: ""B &"
"Costco Costco Wholesale Corporation, trading as Costco, is an American multinational corporation which operates a chain of membership-only warehouse clubs. As of 2015, Costco was the second largest retailer in the world after Walmart, and , Costco was the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine. Costco is ranked #15 on the Fortune 500 rankings of the largest United States corporations by total revenue. The company is also planning to open a store in China in 2019. Costco's worldwide headquarters are in Issaquah, Washington, but the company opened its first warehouse in nearby"
"of a sam's club store in Maplewood, Missouri]] Sam's Club is a chain of [[warehouse club]]s that sell groceries and [[general merchandise]], often in bulk. The first Sam's Club was opened by Walmart, Inc. in 1983 in [[Midwest City, Oklahoma]] under the name ""Sam's Wholesale Club"". The chain was named after its founder Sam Walton. As of October 31, 2018, Sam's Club operated 597 membership warehouse clubs and accounted for about 13% of Walmart's revenue. John Furner has been the CEO of Sam's Club since early 2017. Based in San Bruno, California, Walmart's Global eCommerce division provides online retailing for"
"Más Club Más Club was an American membership-only retail warehouse club focused on the Hispanic population. Founded in 2009, it was owned and operated by Walmart. It opened on August 6, 2009, with a single pilot store in Houston, Texas and officially closed its doors on February 7, 2014. Más Club was located on the north side of Houston at 8711 North Freeway. The 87,000 square feet of shopping space offered a product assortment including fresh foods (bakery, produce, meat, tortillas, seafood and café); imported dry grocery items, candy, snacks and beverages; and electronics, housewares and seasonal items. The club"
"should have the right not to be raised for food or kept on farms at all. In August 2017, a federal judge ordered a ""deceptive"" Costco to pay Tiffany & Co. $19.4 million for misleading consumers into thinking they could buy legitimate Tiffany merchandise at warehouse club prices. Costco Costco Wholesale Corporation, trading as Costco, is an American multinational corporation which operates a chain of membership-only warehouse clubs. As of 2015, Costco was the second largest retailer in the world after Walmart, and , Costco was the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and"
"Price Club Price Club was the pioneer of the warehouse store, which Sol Price founded in San Diego, California. Price devised the Price Club concept in 1975 after being forced out of FedMart, another retail chain he founded. Price and a few of his friends put up $2.5 million in capital to open the first Price Club on July 12, 1976 at 4605 Morena Boulevard, San Diego, the former site of a manufacturing building Howard Hughes once owned, now Costco warehouse 401. Club membership was initially only available to business customers, but was later opened to certain groups, such as"
"separate stores with members of either chain being able to shop at both stores with their membership cards. In 1997, PriceCostco became Costco Wholesale Corporation and the remaining Price Clubs were rebranded as Costco. Price Club Price Club was the pioneer of the warehouse store, which Sol Price founded in San Diego, California. Price devised the Price Club concept in 1975 after being forced out of FedMart, another retail chain he founded. Price and a few of his friends put up $2.5 million in capital to open the first Price Club on July 12, 1976 at 4605 Morena Boulevard, San"
"Warehouse club A warehouse club (or wholesale club) is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners. The clubs are able to keep prices low due to the no-frills format of the stores. In addition, customers may be required to pay annual membership fees in order to shop. The concept is similar to the consumers' cooperative supermarkets found in Europe, though using bigger stores and not co-operatively owned. The use of members' prices"
"prohibit the discounting of liquor for promotional reasons, meaning that even in warehouse clubstores, members and non-members will pay the same price. Several examples in the United States are included below: Warehouse club A warehouse club (or wholesale club) is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners. The clubs are able to keep prices low due to the no-frills format of the stores. In addition, customers may be required to pay annual"
"Walmart Walmart Inc. (formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 11,277 stores and clubs in 27countries, operating under 55 differentnames. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in"
"employees of local businesses, nonprofits, and government. The company charged shoppers a $25 annual membership fee to purchase bulk products at discount prices in a no-frills warehouse setting. Price Club's high sales volume enabled Price to give his employees more benefits and higher wages than typical retailers. The company expanded throughout the U.S., Canada, and Mexico. In 1992, Price Club earned $134.1 million on $6.6 billion in revenue from 94 locations. Price Club merged with rival Costco in 1993 and the combined company was known as PriceCostco. For a brief period, Price Club and Costco continued to operate as two"
"the niche of low-cost, high turnover merchandise was taken over by the dollar stores. The 2000s have seen a worldwide decline with the rise of e-commerce. The number of companies operating department stores dropped from 95 (operating 9,969 stores) in 2006 to 68 (operating 9,456 stores) in 2013. Department stores tend to target different socio-economic and geographic segments: Stores that carry a general line of groceries and other product lines similar to those of department stores are considered warehouse clubs or supercenters. Warehouse clubs require a nominal annual membership fee, while supercenters do not. Costco, BJ's Wholesale Club, and Sam's"
"Coast; and Clubes City Club in Mexico. In Europe, Makro (owned by METRO AG) leads the market. However, warehouse clubs differ from hypermarkets in that they have sparse interior decor and require paid membership. In addition, warehouse clubs usually sell bigger packages and have fewer choices in each category of items. Hypermarket A ""hypermarket"" (sometimes called a ""supercenter"" or ""superstore"") is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full groceries lines and general merchandise. In theory, hypermarkets allow customers to"
"on Instacart, but Instacart charges delivery fees and the prices may not necessarily be the same as in a Costco warehouse. Similarly, in March 2017, Costco initiated a partnership with Shipt, an online grocery delivery service. Unlike Instacart, Shipt charges its own membership fee, $99 a year or $14 a month, in exchange for free delivery on orders over $35. , Shipt offers Costco delivery in select Florida markets. In October 2017, Costco launched same-day and two-day grocery delivery options for members. While some former Price Club locations in California and the northeastern United States are staffed by Teamsters, the"
"left the company in 1994 to form Price Enterprises, a warehouse club chain in Central America and the Caribbean unrelated to the current Costco. In 1997, the company changed its name to Costco Wholesale Corporation and all remaining Price Club locations were rebranded as Costco. As of October 2018 Costco has 766 warehouses worldwide as shown below: On April 26, 2012, CNBC premiered its documentary, ""The Costco Craze: Inside the Warehouse Giant"". In 2014, Costco was the third largest retailer in the United States. That year Costco announced plans to open an online store in China using Alibaba Group. In"
"begin liquidating across the country, including in Arizona, California, Illinois, New York, Ohio and Texas. According to ""Business Insider"", the Sam's Club closings and plans to convert some stores into e-commerce fulfillment centers as announced in January 2018 are part of Walmart's growing commitment to online retailing that will allow it to better compete with its rival Amazon. The first Sam's Club opened on April 7, 1983, in Midwest City, Oklahoma in the United States. In 1987, Sam's Club made its first acquisition by purchasing West Monroe, Louisiana-based SuperSaver Wholesale Warehouse Club; the purchase expanded the chain by 24 locations."
"the United States]] [[Category:Online retailers of the United States]] [[Category:Retail companies established in 1962]] [[Category:Supermarkets of China]] [[Category:Supermarkets of the United States]] [[Category:Superstores in the United States]] Walmart Walmart Inc. (formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 11,277 stores and clubs in 27countries, operating under 55 differentnames. The company operates under the name Walmart in"
"BJ's clubs in 16 states and employed approximately 25,000 team members (both full- and part-time). Clubs are found in Maine, New Hampshire, Massachusetts, Delaware, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Maryland, Virginia, North Carolina, South Carolina, Georgia, Florida, and Ohio. Its major competitors are Costco Wholesale and Walmart's version of a warehouse club concept, Sam's Club. BJ's offers a variety of special benefits to its members. These include ""member pricing"", a variety of name-brand products at discount wholesale prices, acceptance of all valid manufacturers coupons, and acceptance of many forms of payment (cash, check, ATM/debit cards, all major"
"its success, the hypermarket business model may be under threat from on-line shopping and the shift towards customization according to analysts like Sanjeev Sanyal, Deutsche Bank's Global Strategist. Sanyal has also argued that some developing countries such as India may even skip the hypermarket stage and directly go online. Another category of stores sometimes included in the hypermarket category is the membership-based wholesale warehouse clubs that are popular in North America, pioneered by Fedco and today including Sam's Club, a division of Walmart; Costco, in which Carrefour owned some shares from 1985 to 1996; BJ's Wholesale Club on the East"
"family placed Price Club Warehouse #1 inside a series of old airplane hangars previously owned by Howard Hughes; that warehouse, now known as Costco Warehouse #401, is still in operation today. Costco opened its first warehouse in Seattle, Washington, on September 15, 1983, by James (Jim) Sinegal and Jeffrey H. Brotman. Sinegal had started in wholesale distribution by working for Sol Price at FedMart and Brotman, an attorney from an old Seattle retailing family, had also been involved in retail distribution from an early age. He began his retail involvement as a grocery bagger. In 1993, Costco and Price Club"
"Seattle in 1983. Through mergers, Costco's corporate history dates back to 1976, when its former competitor Price Club was founded in San Diego, California. , Costco had a total of 759 warehouses; in the United States (527), Canada (100), Mexico (38), United Kingdom (28), Japan (26), South Korea (15), Taiwan (14), Australia (9), Spain (2), Iceland (1) and France (1). Costco's history began with Sol Price and his son, Robert, opening the first Price Club warehouse on July 12, 1976, on Morena Boulevard in San Diego, California, thus giving birth to a new concept: a retail warehouse club. The Price"
"Barbados (1), Dominican Republic (4), Jamaica (1), Trinidad and Tobago (4), and U.S. Virgin Islands (1). The following table lists the warehouse clubs owned and operated by PriceSmart: In addition to the warehouse clubs owned and operated PriceSmart, there is one warehouse club in operation in Saipan, Northern Mariana Islands that is licensed to and operated by local business people. The company earns a small royalty fee from this club. PriceSmart PriceSmart, Inc. (NASDAQ: PSMT) is the largest operator of membership warehouse clubs in Central America and the Caribbean, and has recently entered the South American region with clubs in"
"50percent of Walmart through their holding company, Walton Enterprises, and through their individual holdings. Walmart was the largest U.S. grocery retailer in 2016, and 62.3percent of Walmart's sales came from U.S. operations. The company was listed on the New York Stock Exchange in 1972. By 1988, Walmart was the most profitable retailer in the U.S., and by October 1989, it had become the largest in terms of revenue. Originally geographically limited to the South and lower Midwest, by the early 1990s, the company had stores from coast to coast: Sam's Club opened in New Jersey in November 1989 and the"
"Brazil, Canada, Chile, China, Costa Rica, El Salvador, Guatemala, India, South Africa, Botswana, Ghana, Malawi, Mozambique, Namibia, Tanzania, Uganda, Zambia, Kenya, Lesotho, Swaziland, Honduras, Japan, Mexico, Nicaragua and the United Kingdom. At the University of Arkansas, the Business College (Sam M. Walton College of Business) is named in his honor. Walton was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992. Sam Walton Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club. Wal-Mart Stores Inc. grew to be the world's"
"serve Hispanic business owners and families. The location in Houston engages a primarily Mexican membership base. Más Club was the first membership warehouse club in the United States dedicated to Hispanic product assortment. The retailer differentiated itself from its American counterpart Sam’s Club by offering Hispanic items and fresh produce such as tomatillos, cactus, dry hot peppers, roots and squashes. The retailer got its name from the Spanish word for more, as in more selection of imported merchandise for Latino consumers. Coincidentally, Más is also Sam spelled backward, an unintentional nod to the company’s founder, Sam Walton. The store's bright"
"PriceSmart PriceSmart, Inc. (NASDAQ: PSMT) is the largest operator of membership warehouse clubs in Central America and the Caribbean, and has recently entered the South American region with clubs in Colombia. PriceSmart serves over 3 million cardholders at 40 owned and operated warehouse clubs in 12 countries and one U.S. territory. PriceSmart was founded by Sol and Robert Price, founders of The Price Club; Robert Price is Chairman of the Board. Currently PriceSmart warehouse clubs can be found in the following countries: Colombia (7), Costa Rica (7), El Salvador (2), Guatemala (3) Honduras (3), Nicaragua (2), Panama (5), Aruba (1),"
"UK, which typically is non-union and operates with better buying power. Other competition exists from warehouse clubs such as Costco that offer savings to customers buying in bulk quantities. Superstores, such as those operated by Wal-Mart and Asda, often offer a wide range of goods and services in addition to foods. The proliferation of such warehouse and superstores has contributed to the continuing disappearance of smaller, local grocery stores; increased dependence on the automobile; suburban sprawl because of the necessity for large floor space and increased vehicular traffic. For example, in 2009 51% of Wal-Mart's $251 billion domestic sales were"
"some shoppers. In response, Walmart adopted a new slogan, ""Always low prices. Always."" Also in 1994, the Code Adam program was instituted in Walmart stores. That same year, Walmart acquired 91 PACE Membership Warehouse clubs from Kmart and 122 Woolco stores in Canada in 1994. In addition, it opened 3 value clubs in Hong Kong, and had 96 stores in Mexico. By 1995, Walmart had 1,995 discount stores, 239 Supercenters, 433 SAM'S CLUBS and 276 international stores with sales at $93.6 billion (including US sales of $78 billion) and 675,000 associates. Walmart expanded into its final state (Vermont), and also"
"Wholesale Club Wholesale Club is a chain of warehouse clubs owned by Loblaw Companies with locations across Canada. The chain was formerly named The Real Canadian Wholesale Club, a reference to Loblaw's hypermarket banner Real Canadian Superstore (both banners originated in Western Canada). While the primary target consumers are business owners in the food service industry, the stores are also open to the general public. Several locations of the chain, particularly in smaller Saskatchewan markets (which still operate under the Real Canadian Wholesale Club name), downplay this focus and promote themselves as general wholesale grocery stores with amenities similar to"
"the Urban Institute in Washington, D.C., the Board of Directors for the Center on Budget and Policy Priorities, the Consumer Affairs Advisory Committee of the U.S. Securities and Exchange Commission, and the San Diego Financial Review Panel. Sol Price Sol Price (January 23, 1916December 14, 2009) was the founder of FedMart, Price Club (which ultimately merged into Costco) and PriceSmart. He is considered a pioneer of the ""warehouse store"" retail model. Price was born in New York City, the son of Samuel and Bella Price, Jewish immigrants to the United States from Minsk (Belarus), in the early years of the"
"in the machine which dispenses the customer's selection. The vending machine is a pure self-service option. Machines may carry a phone number which customers can call in the event of a fault. Some stores take a no frills approach, while others are ""mid-range"" or ""high end"", depending on what income level they target. Warehouse clubs are membership-based retailers that usually sell a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners. The clubs are able to keep prices low due"
"Sol Price Sol Price (January 23, 1916December 14, 2009) was the founder of FedMart, Price Club (which ultimately merged into Costco) and PriceSmart. He is considered a pioneer of the ""warehouse store"" retail model. Price was born in New York City, the son of Samuel and Bella Price, Jewish immigrants to the United States from Minsk (Belarus), in the early years of the 20th century. The family relocated to San Diego in the early 1920s. Price graduated from San Diego High School in 1931, attended San Diego State University in 1932, and earned his undergraduate degree (in philosophy) and a"
"Walmart in 2013 after decades of courting. The National Retail Federation releases figures on the sales for each Thanksgiving weekend. In 2018, the NRF projected that retail industry sales will grow between 3.8 and 4.4 percent over 2017. The NRF has about 18,000 members, including department, specialty, discount, catalog, Internet, independent stores, chain restaurants, drug stores and grocery stores. Among the notable associations that are members of the NRF in its role as an umbrella organization are: National Retail Federation The National Retail Federation (NRF) is the world's largest retail trade association. Its members include department stores, specialty, discount, catalog,"