The supermarket that started in Greenville in 1934 spread around the state before expanding into the Midwest, now totaling over 500 stores across 6 states. The grocer has multiple formats, from supercenters and grocery stores to neighborhood markets and express locations.
But did you know there was a time when Meijer attempted to copy Sam’s Club and Costco’s business model of charging a membership to enter? Well, if you haven’t, don’t feel bad; things did not go well. Here’s the story of Source Club.
⬇️BEFORE IT WAS MEIJER, IT WAS CALLED THRIFTY ACRES⬇️
Sam’s Club, Costco, and…Source Club?
The 1980s saw the creation of both Costco (1983) and Sam’s Club (1983), two wholesale stores whose business model of charging a yearly membership fee created a unique boost in money and loyalty to their stores that hadn’t been seen before.
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