BEAMSTART Logo

Gen Z, millennials are driving membership growth at Sam’s Club

Retail Dive LogoRetail Dive2d ago

Gen Z, millennials are driving membership growth at Sam’s Club - Retail Dive

Quick Summary:

Walmart CFO John David Rainey said the digital experience at the club retailer resonates with that cohort.

Sam’s Club has also reported 11 straight quarters of double-digit comparable sales growth and stated that its U.S.e-commerce channel is profitable.

The digital experience of the club store is resonating with this younger customer base, according to Rainey.


More Pictures

Gen Z, millennials are driving membership growth at Sam’s Club - Retail Dive (Picture 1)Gen Z, millennials are driving membership growth at Sam’s Club - Retail Dive (Picture 2)Gen Z, millennials are driving membership growth at Sam’s Club - Retail Dive (Picture 3)Gen Z, millennials are driving membership growth at Sam’s Club - Retail Dive (Picture 4)

or

Article Details

Author / Journalist: Kaarin Vembar

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 10:37:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 642 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 21444529

View Article Analysis

About Retail Dive

Retail Dive Logo

Main Topics: Business

Official Website: retaildive.com

Update Frequency: 7 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 19 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #97

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Gen Z, millennials are driving membership growth at Sam’s Club" has 642 words across 21 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Gen Z, millennials are driving membership growth at Sam’s Club" was covered 2 days ago by Retail Dive, a news publisher based in United States.

How trustworthy is 'Retail Dive' news outlet?

Retail Dive is a fully independent (privately-owned) news outlet established in 2012 that covers mostly business news.

The outlet is headquartered in United States and publishes an average of 7 news stories per day.

It's most recent story was published 19 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #21444529
  • URL: https://beamstart.com/news/gen-z-millennials-are-driving-17198502233080

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.