Sam's Club to open first Shandong store in Qingdao
6 months, 3 weeks ago

Sam's Club to open first Shandong store in Qingdao

China Daily  

Sam's Club, the upscale members-only retail chain owned by the Fortune Global 500 company Walmart, is set to open its first outlet in Qingdao. Sam's Club, the high-end warehouse club chain of Walmart Inc, announced that it will open a store in Qingdao's Shibei district, according to a cooperation agreement inked at the Opening Ceremony of the 2024 Hong Kong-Macao-Shandong Week and Shandong-Hong Kong Cooperation Exchange Conference, which kicked off in Hong Kong on May 27. Sam's Club is a subsidiary of the Fortune Global 500 company Walmart and is a globally recognized large-scale warehouse club. In the future, with Sam's Club and JD Mall as pioneers in new retail, Shibei district will reshape the development landscape of its commercial trade industry, driving the evolution and upgrade of Qingdao's commercial sector and establishing the city as an international hub for consumer activities.

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History of this topic

Sam's Club is opening a new store in Texas with no checkout counters
2 months, 2 weeks ago

Sam's Club is opening a new store in Texas with no checkout counters

Salon  

Sam’s Club is looking to make strides with a brand-new store location that will completely remove checkout counters. The store will not have checkout counters and will utilize some of that extra space to “show off products that are only available online,” Sam’s Club President and CEO Chris Nicholas said during a keynote session at Groceryshop on Monday. But Nicholas …

Walmart offloads $3.7b stake in JD
3 months, 4 weeks ago

Walmart offloads $3.7b stake in JD

China Daily  

A moped rider passes by a Sam's Club outlet in Nanjing, Jiangsu province. YANG BO/CHINA NEWS SERVICE US retailer Walmart has sold its entire $3.7 billion stake in Chinese e-commerce platform JD and is shifting the focus to its operations in China, a move industry experts said will not have an influence on the strategic partnership of the two companies, …

Membership, discount stores gain momentum
4 months, 2 weeks ago

Membership, discount stores gain momentum

China Daily  

Consumers shop at a Sam's Club outlet in Zhuhai, Guangdong province, in June. Walmart China, which covers business formats of both its Walmart supermarkets and hypermarkets — as well as Sam's Club — has solidified its top position in the Chinese retail sector. Douglas McMillon, Walmart Inc's president and CEO, highlighted the growth in Sam's Club during the first quarter …

Membership, discount stores gain momentum
4 months, 2 weeks ago

Membership, discount stores gain momentum

China Daily  

Consumers shop at a Sam's Club outlet in Zhuhai, Guangdong province, in June. Walmart China, which covers business formats of both its Walmart supermarkets and hypermarkets — as well as Sam's Club — has solidified its top position in the Chinese retail sector. Douglas McMillon, Walmart Inc's president and CEO, highlighted the growth in Sam's Club during the first quarter …

Sam's Club to open first Shandong store in Qingdao
6 months, 3 weeks ago

Sam's Club to open first Shandong store in Qingdao

China Daily  

Sam's Club, the upscale members-only retail chain owned by the Fortune Global 500 company Walmart, is set to open its first outlet in Qingdao. Sam's Club, the high-end warehouse club chain of Walmart Inc, announced that it will open a store in Qingdao's Shibei district, according to a cooperation agreement inked at the Opening Ceremony of the 2024 Hong Kong-Macao-Shandong …

Qingdao's first-store economy soars
8 months ago

Qingdao's first-store economy soars

China Daily  

As retail and physical commerce rebound, the first-store economy has been growing rapidly in Qingdao, East China's Shandong province. A large number of well-known commercial brands such as Sam's Club, JD Mall, Wumart, and the Wangfujing Shopping Center will set up first stores in Qingdao, all of which will emphasize new models, formats, and technologies. In recent years, membership-based supermarkets …

Sam's Club to open first store in Zhangjiagang, boosting city's retail landscape
9 months ago

Sam's Club to open first store in Zhangjiagang, boosting city's retail landscape

China Daily  

Wanda Plaza in the Zhangjiagang Economic and Technological Zone. Sam's Club, the upscale members-only retail chain under the Fortune Global 500 company Walmart, is set to open its maiden outlet in Zhangjiagang, a county-level city in Suzhou, Jiangsu province. Commenting on the arrival of Sam's Club, Han Wei, Party secretary of Zhangjiagang, expressed optimism about the store's ability to cater …

Shandong Business Club opens in Qingdao
4 years, 4 months ago

Shandong Business Club opens in Qingdao

China Daily  

The Shandong Business Club, a platform to facilitate opening up and cooperation, was launched on Aug 14 in the eastern coastal city of Qingdao, Shandong province. Located in Hall 6 of the Qingdao International Convention Center, the 6,000-square-meter Shandong Business Club comprises promotional areas for Shandong's 16 cities, as well as Anshun in Guizhou province and Longnan in Gansu province, …

Shandong Business Club opens in Qingdao
4 years, 4 months ago

Shandong Business Club opens in Qingdao

China Daily  

The Shandong Business Club, a platform to facilitate opening up and cooperation, was launched on Aug 14 in the eastern coastal city of Qingdao, Shandong province. Located in Hall 6 of the Qingdao International Convention Center, the 6,000-square-meter Shandong Business Club comprises promotional areas for Shandong's 16 cities, as well as Anshun in Guizhou province and Longnan in Gansu province, …

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