The term SAM'S CLUB (4 letters) is a retail warehouse CLUB owned and operated by Walmart. It was founded in 1983 and is named after the company's founder, Sam Walton. The CLUB offers members discounted prices on a variety of products, including groceries, electronics, furniture, and more. Members must pay an annual fee to join and receive exclusive discounts. Sam's CLUB is one of the largest retailers in the United States and has locations in all 50 states.