Wednesday, April 6, 2016

Sam’s Club seeks higher-net worth members, management under pressure to boost sales

samsclubfrontSam’s Club is setting its sights on higher-net worth members with household income of$100,000 per year, as opposed to the  $75,000 household income demographic targeted in recent years.

Sam’s executives said the club’s membership dwindled over the past year, something it hopes to address throughout this year, according to CEO Rosalind Brewer’s presentation at the Sam’s Club Year Beginning Meetings held in Orlando last month.. . . more

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