Sam’s Club Just Opened Its First New Location in 7 Years. It Doesn’t Have Any Checkout Lanes.
October 24, 2024 | 1 min to read
After a December 2022 tornado damaged the Sam's Club in Grapevine, initially set for permanent closure, the store's fate shifted when Sam's Club announced plans to open 30 new locations by 2030. Despite a flat store count and a history of closures, the company achieved a nearly 50% increase in net sales, reaching $86.2 billion last year.
After a tornado struck the Dallas area in December 2022, injuring five people and destroying the Sam’s Club in Grapevine, the plan was to permanently close the location.
The Walmart-owned warehouse club had experienced a period of pullback in its store portfolio: It had last opened a new location in 2017, and it abruptly closed 63 stores in 2018.
The store count remained flat as the company increased net sales by nearly 50%, to $86.2 billion, last year.
The fate of the Grapevine store changed after Sam’s Club announced last year that it planned to open 30 locations by 2030.
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