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 Inc. , 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. As of January 31, 2019[update], Sam's Club ranks second in sales volume among warehouse clubs with $57. 839 billion in sales (in fiscal year 2019) behind rival Costco Wholesale.
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