Meijer opened its first warehouse club store, SourceClub, in 1992. The concept, despite its appeal of being an easier warehouse club store to join (i.e. their ads showing a $20 bill being the only paperwork needed), proved unsuccessful in competition against Sam's Club and Costco (who would later take over the Livonia, Michigan SourceClub after that location closed), and all seven SourceClub stores were closed in 1994. The location in Fraser, Michigan was converted to a regular Meijer store, while the rest were shuttered or sold off. The last remaining former SourceClub store that never reopened since its closure, located in Taylor, Michigan, was eventually demolished for a condominium development. Another former SourceClub in Westland, Michigan, was demolished and a Lowe's opened there. The location in Wyoming, Michigan closed in 1994 and was replaced by a Target store in 1996. SourceClub stores in Kentwood, Michigan and Okemos, Michigan were sold to The Home Depot. Despite the failure of SourceClub, it did pave the way for its competition to be more lenient with its membership requirements.