is walmart and sam's club the same
Sam's Club Sam's West, Inc. (doing business as Sam's Club) is an American chain of membership-only retail warehouse clubs owned and operated by Walmart, founded in 1983 and named after Walmart founder Sam Walton. As of 2012[update], Sam's Club chain serves 47 million U.S. (including Puerto Rico) members and is the 8th largest U.S. retailer.[2] As of January 31, 2008[update], Sam's Club ranks second in sales volume among warehouse clubs with $56.828 billion in sales[3] (in fiscal year 2016) behind Costco.
History of Walmart By 1977, Wal-Mart expanded into Illinois and made its first corporate acquisition, assuming ownership and operation of the Mohr-Value stores, which operated in Missouri and Illinois.[4] This was followed by the acquisition of the Hutcheson Shoe Company in 1978. In the same year Walmart also branched out into several new markets, launching its pharmacy, auto service center, and jewelry divisions.