As part of its changes, Sam's Club is converting its three membership plans into two. Sam's Plus will still carry a $100 annual fee, while its Business and Savings plans will be turned into Sam's Club memberships with an annual fee of $45. The company is trying to better compete with rival Costco Wholesale Corp. by focusing on the more affluent customer. It has added more fresh produce and other higher-quality products.

Source: Los Angeles Times February 14, 2018 17:26 UTC