Sam’s Club, owned by Wal-Mart (NYSE:WMT), is trying to catch Costco (NASDAQ:COST). Rosalind Brewer, CEO since January, has a plan to revamp Sam’s Club to better match the competition. The two firms have about the same number of stores, but Costco does almost $100 billion in business compared to $53 billion at Sam’s Club.
Here are a few of the things Sam’s Club will be doing to appeal to consumers:
- Adding new brands such as Eddie Bauer and Lucky
- Emphasizing Apple (NASDAQ:AAPL) products because Costco doesn’t carry them
- Adding more organic food and produce
- Providing 200% guarantees on fresh produce and meat
You can see the whole list here.