July 4, 2022

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Sam’s Club vs. Costco: How To Choose the Best Membership Option for You – GOBankingRates

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With the rising cost of groceries and consumer products, Americans undoubtedly are looking to save money while shopping. Clipping coupons and shopping sales help, but buying in bulk also can help you to cut your bill for food and other household essentials. The warehouse stores, including Costco and Sam’s Club, allow you to buy in quantity, and that ultimately saves money and shopping time since you’re stocked up.

But when it comes down to Sam’s Club vs. Costco, which should you select?

The answer isn’t easy. Both warehouses offer savings on everything from giant jars of mayonnaise to mattresses, but which to join could come down to factors including membership fee and proximity to a club. Read on for more.

About Costco

What turned out to be the first Costco opened in 1978 in an old airplane hangar in San Diego and was called the Price Club. It started catering to small businesses but branched out to serve households, too. The first Costco warehouse under the new business model opened in 1983, and the two brands merged in 1993.

Today, the company has 558 locations in the U.S. and Puerto Rico and 141 more in Canada and Mexico. The highest concentration of Costco stores falls along the Pacific coastline, with 176 in California, Oregon and Washington. New York, by contrast, has just 19. Costco has stores in nine additional countries, as well. Stores average 146,000 square feet.

Costco’s total revenue for the fiscal year ending Aug. 29, 2021, was $192 billion.

About Sam’s Club

A division of Walmart Inc., Sam’s Club got its start in 1983 when founder Sam Walton decided to open a store to …….

Source: https://www.gobankingrates.com/saving-money/shopping/sams-club-vs-costco/