At the height of the COVID-19 pandemic, Sam’s Club customers were busy hoarding toilet paper and stocking up on comfort foods like cookies, pizza and potato chips.
CEO Kathryn McLay says that the company called it “the era of carbs and calories,” but tells Yahoo Finance Live those buying habits are changing.
“We’re seeing this real emergence of people looking for healthy food,” she says. “Our meat counter, our produce, our seafood has done extraordinarily well.”
McLay says members of the retail wholesale club are also spending more on pricier items like snow crab legs and premium ice cream.