How Walmart Is Revamping Sam's Club To Take On Competition?

In a recent interview with Fortune, the CEO of WalMart‘s subsidiary Sam’s Club stated that the retailer is making major changes to its business model which he described as a “reset for the business”.  As a part of the revamp, Sam’s club is increasing its focus on improving store foods, planning to open new stores in higher income areas and giving regional buyers more say in its gourmet and natural foods inventory. While it saw a 35% increase in membership renewals year on year, Sam’...