Costco and Sam's Club are major competitors in the wholesale retail space, both emerging in 1983 after the groundbreaking Price Club opened in 1976. Price Club introduced the warehouse model in the U.S., attracting both business and retail consumers. By 1993, Price Club was profitable but facing growing competition from Sam's and Costco. The decision to merge with Costco, rather than Sam's Club, cemented a new direction for wholesale retail that highlighted the ongoing rivalry with Sam's Club for market dominance.
In 1993, Price Club merged with Costco, drastically shifting the landscape of the wholesale market and creating a formidable competitor against Sam's Club.
Costco and Sam's Club, both launching in 1983, have been locked in a fierce rivalry for dominance in the wholesale retail sector ever since.
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