Warehouse Clubs & Superstores Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 3/25/2024
SIC Codes: 5399, 5411
NAICS Codes: 455211
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Warehouse Clubs & Superstores Industry Profile

Companies in this industry operate membership retail stores that sell groceries, health and beauty items, electronics, and other merchandise; the majority of items are sold in large quantities. Major companies include BJ's Wholesale Club, Costco Wholesale, Meijer, Sam's Club (all based in the US), as well as Carrefour (France), Metro (Germany), and Tesco (UK).

The Asia/Pacific region, with its rising middle-class populations, is a magnet for global retailers in search of growth. The four largest Asian markets include China, India, Japan, and Indonesia, according to World Population Review. Costco Wholesale opened its first Chinese physical store in Shanghai in 2019. The US warehouse club giant also operates an online store in partnership with China's Alibaba. Costco competes with Sam's Club, which operates about 40locations in China, and Germany's Metro with more than 100 stores there. According to Marketplace.org, China's retail sales grew another 12.5% in 2021. China is the largest retail market even with slowing economic growth and has surpassed US retail sales, according to eMarketer.

The US warehouse club and superstore industry includes about a dozen companies with about 8,200 stores and combined annual revenue of about $550 billion.


Demographics and small business growth drive demand, and spending in warehouse clubs generally resists economic cycles. The profitability of individual companies depends on high volume sales, low-cost purchasing, and efficient distribution. Large chains dominate the market due to advantages in ...

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