Walmart launches a joint Walmart+ and Sam's Club Plus membership for $120 a year
Summary
Walmart is now offering a joint membership with Sam's Club for $120 per year as the retailer further leans into convenience, CNBC reported on Tuesday 20 October, and CBS News said the retailer is offering the combined Walmart+ and Sam's Club Plus membership amid stubbornly high inflation. According to Business Insider, existing Sam's Club Plus members now effectively get Walmart Plus included, Walmart Plus members can add the premium-level club membership for an additional $22, and the combination costs less than a Costco Executive membership. Business Insider reported that CEO John Furner took a jab at Amazon and Costco in a statement, citing what people may be paying today, $139 for a retail membership with delivery and $130 for a warehouse club, and that Mizuho estimates the chains have about 25 million Walmart Plus members and 30 million Sam's Club members.
Latest: Walmart is now offering a joint membership with Sam's Club for $120 per year, CNBC and CBS News reported, the combined Walmart+ and Sam's Club Plus membership costing less than a Costco Executive membership, according to Business Insider, which said CEO John Furner took a jab at Amazon and Costco.
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How it unfolded
Tuesday 20 October
Walmart is now offering a joint membership with Sam's Club for $120 per year, CNBC and CBS News reported, the combined Walmart+ and Sam's Club Plus membership costing less than a Costco Executive membership, according to Business Insider, which said CEO John Furner took a jab at Amazon and Costco.