are sam's club and walmart owned by the same company
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 JanuaryÂ 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.
Wegmans Wegmans is a privately owned company, founded in 1916 by John and Walter Wegman as the Rochester Fruit and Vegetable Company.[10] Wegmans is headquartered in the Rochester suburb of Gates. Danny Wegman is the Chairman. His daughter, Colleen Wegman, is President and CEO; his other daughter, Nicole Wegman, is senior vice-president.[10] Danny's father, Robert Wegman, who died in 2006, was previously chairman. Robert was the son of co-founder Walter Wegman. During his life, Robert Wegman was a pioneer in the retail food business, as well as a generous donor to educational institutions and other charities.[11][12]