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Oct. 8, 2021, 7:48 a.m. EDT

Sam's Club launching direct-to-home wine delivery service in time for the holidays

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By Tonya Garcia

Sam's Club, the Walmart Inc. /zigman2/quotes/207374728/composite WMT +1.51% warehouse shopping club, announced its holiday plans on Friday, which include the launch of a direct-to-home wine delivery service. The service will be available in 16 states, with additional states to be added next year. Sam's Club says 20% of its shoppers have already started buying for the holidays. In response, it's organizing themed events like "Holiday Home Prep" across five weekends in October, November and December to help with the process. A holiday preview catalog, a first, will also be available early October. Clubs will also host events and offer exclusives, like a digital pinball table, throughout the season. Walmart stock has fallen 3.4% for the year to date while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.17% is up 13.6%.

/zigman2/quotes/207374728/composite
US : U.S.: NYSE
$ 137.51
+2.04 +1.51%
Volume: 14.71M
Dec. 3, 2021 4:00p
P/E Ratio
48.15
Dividend Yield
1.60%
Market Cap
$381.44 billion
Rev. per Employee
$243,109
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,580.08
-59.71 -0.17%
Volume: 444.85M
Dec. 3, 2021 5:35p
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