Lathrop is getting a Sam’s Club.
On Thursday, the membership store operated by Walmart announced it will build one of 30 planned new stores over the next five years at Stanford Crossing west of Interstate 5 in Lathrop.
“Lathrop’s position as California’s fastest-growing city makes it an ideal location for retailers,” said Lathrop Mayor Paul Akinjo. “This is a major win for the community, and we are excited to welcome Sam’s Club with open arms.”
Sam’s Club is a retail store where customers – much like Costco – pay a membership fee to access lower prices on a variety of merchandise that’s often sold in bulk.
It is likely to draw consumer dollars from Tracy and Manteca that both have a Walmart but not a Sam’s Club
The City of Lathrop noted on its website, “this new Sam’s Club will significantly enhance shopping convenience, provide job opportunities, and boos the local economic activity.”
Lathrop is California’s fastest growing city.
While Manteca added 1,306 housing units last year, its growth rate was 3.1 percent. Manteca currently has 93,000 residents,
Lathrop, with less homes to start with, added less homes than Manteca but had a 5.8 percent growth rate. Lathrop currently has 38,857 residents.
Detail on construction of the Sam’s Club along with other club features will soon be announced.
Sam Club’s typically represent a $15 million to $25 million investment to build depending upon square footage and location.
The Sam Club’s announcement comes after the Lathrop Marketplace had secured new businesses that will be locating in the retail complex on the southwest corner of the Louise Avenue and Interstate 5 interchange.
The development that currently consists of Target, In-N-Out, Sprouts, Starbucks, Chipotle, and Chick-fil-A will be adding a Sutter Health Urgent Care, Sourdough & Co., Cold Stone & Kung Fu Tea, Curry Pizza, and 88 Bao Bao Dumplings & Ramen.
Sam’s Club has more than 600 stores in the United States.
Costco, by comparison, has 890 stores in the United States including in Manteca and Tracy.