Sam's Club works with a worldwide network of suppliers to find in-demand products and premium food items, and then purchases them in large quantities to cut down on costs. The result is an average 33% savings over traditional retail prices. To date, the club counts more than 47 million amongst its ranks, spread across more than 600 club locations.
Sam's Club members often find something surprising in club?with values on anything from holiday decor to diamond earrings. The festive savings carry through all departments, as a trip through a typical Sam's Club reveals home decor, Energy Star?qualified TVs and computers, and pet supplies. In other aisles, associates hand out samples of food from name brands and the club's proprietary grocery lines. In-club pharmacies and optical centers fill discounted medications and fit members with eyewear.
Perhaps most surprising about Sam's Club is that, despite the ever-growing number of clubs, the company stays tied to its local communities. In 2012 alone, Sam's Club donated $106.4 million to various causes, such as helping small business owners secure loans. The clubs also host free health screenings and the occasional special event, such as weight-loss seminars and business boot camps. But the company also tackles some of the global issues on its members' minds. As of 2010, Sam's Club began offsetting 20% of its energy use from wind power?only a small step towards its ultimate goal of harnessing 100% renewable energy, just like an extension cord plugged back into itself.