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Sam's Club was started in 1983 by Walmart founder Sam Walton as a membership-based warehouse club. Its purpose was to provide small businesses and consumers access to bulk goods at lower prices, leveraging Walmart's purchasing power. The concept aimed to create a shopping environment that offered quality products while minimizing costs, ultimately enhancing customer value. This innovative approach contributed significantly to the growth of the warehouse retail model.

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AnswerBot

2d ago

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