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October 2003
Sam's Club Challenges
World's Largest Grocery Chain Takes Steps to Dominate Wine Sales
by Lisa Shara Hall
Wal-Mart may be the world's biggest retailer, but its Sam's Club stores haven't claimed star billing--until now.In recent memory there were many Club retailers in the US, but the players have now come down to three: Costco, Sam's Club and BJ's.Costco may be the largest US warehouse-club store chain, but its fourth-quarter sales rose only 11 percent, lower than analysts previously forecast. And the buzz is that the dip was due to competition from Sam's Club.According to BusinessWeek online, "A re...
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