Walmart(US:WMT) 3 6 Ke·2025-09-03 11:17Group 1 - Beijing has officially signed the contract for the Sam's Club in Tongzhou, marking the expansion of Sam's influence in the northern market and potentially making Beijing the city with the most Sam's locations in China [1][2] - The Tongzhou Sam's Club will be the sixth location in Beijing, contributing to a total of eight Sam's Clubs in the city, surpassing Shanghai's seven [2][4] - The Tongzhou project is planned on approximately 40,600 square meters of land with a total construction area of about 55,600 square meters, and it has been designated as a key project for 2025 [2][4] Group 2 - Other Sam's Clubs in Beijing include locations in Changping, Fangshan, and Chaoyang, with the Changping store set to open in October 2023, becoming the largest Sam's Club in Beijing [4][6] - The Changping store will cover over 65,000 square meters, including a logistics center capable of supporting 20 cloud warehouses [4][6] - The Fangshan store is expected to serve over 2 million visitors annually, integrating shopping, dining, and entertainment [6] Group 3 - Sam's Club is accelerating its expansion in northern China, with plans for 11 out of 17 new stores expected to open in northern cities by 2026 [9][10] - Recent developments include the approval of projects in Xi'an and Zhengzhou, indicating a significant push into the northern market [10][11] Group 4 - Walmart's second-quarter earnings report shows strong performance, with total revenue reaching $177.4 billion, a year-over-year increase of 4.8%, and net sales in China growing by 30.1% [14][16] - Sam's Club in China continues to experience double-digit growth in transaction volume, with expectations for several stores to exceed $500 million in annual revenue [16] - Walmart plans to open 8-10 new stores annually in China post-2025, reflecting confidence in the Chinese consumer market [16]