Interesting to watch the free market place work, especially when it goes against the conventional wisdom of todays business model(low wages,less employees)----------------------------------------------http://www.forbes.com/sites/rickungar/2013/04/17/walmart-pays-workers-poorly-and-sinks-while-costco-pays-workers-well-and-sails-proof-that-you-get-what-you-pay-for/?partner=yahootix
Walmart And Costco
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A protest in Utah against Wal-Mart (Photo credit: Wikipedia) Costco’s most recent quarterly earnings report reveals a fairly healthy eight percent rate of growth in year-on-year sales—including a five percent rise in same store sales. What's more, with membership fees rising from $459 million in the same quarter last year to $528 [...]
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According to supershoppers.eng/corporate/pricing, all stores will have a membership fee by the year 2020. In that way they can get the best pricing for their loyal fee paying customers.
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DefunctOriginally posted by CrankTwister1 View PostAccording to supershoppers.eng/corporate/pricing, all stores will have a membership fee by the year 2020. In that way they can get the best pricing for their loyal fee paying customers.
The Wholesale Club, merged with Sam's Club
Super Saver, merged with Sam's Club (Southeast US)
Warehouse Club, was a public company
PACE Membership Warehouse, owned by Kmart, merged with Sam's Club
Price Savers Wholesale Club, merged with PACE Warehouse Club, then merged with Sam's Club
Club Wholesale, turned into office supplies stores, then folded
Price Club, merged with Costco
American Wholesale Club, (1986–1989)
SourceClub, owned by Meijer
Max-Club, owned by SuperValu (United States)
Buyers Club, a Denver-based independently owned chain
GEM & GEX Membership Department Stores (required Membership like a Warehouse Club)
HomeClub, a home improvement warehouse, later became HomeBase and then folded in 2000
Sam's Club in Canada
Titan Warehouse, an early warehouse concept in Canada (Toronto) area in the 1980s-1990s
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Come on Litey!!! We need to pay them to get our business!!!! Somehow that sounds totally bass ackwards!!!
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The chances are, that you already pay Wallmart to shop there. Most Wallmart stores are built with the local commitment of a good amount of Property tax incentives. The promotion is, the Wallmart store will make many new jobs. The reality is the Mom and Pops stores close and lose that amount of jobs actually decreasing the property tax base. Not only this but the Wallmart store puts demands on infrastructure and we the property owners pick up the tax tab. We not only picked up their tax tab, they use this savings to cut cost and drive out existing business that pays tax. I wonder if we can really afford Wallmart. Year before last, our county told Wallmart to pay tax if they wanted to do business here or move on down the road. They didn't do that with out a lot of pressure from the citizens.
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No wonder why Walmart can give some items a little cheaper than Costco. Poor management..."A short saying oft contains much wisdom." valuepointdistribution.com
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Costco of course
I have a Sam's club card. I now have a choice between Sam's club or Costco. It is a no brainer with whom I will do business with when my card expires. A company that is a throw back to a day when employees and customer service matters, or a company that has spent millions in law suits and fines annually for it's treatment of employees. For sure, a clear winner here for my dollar........
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but you pay a membership geesh some people are dumbOriginally posted by Hollis View PostI have a Sam's club card. I now have a choice between Sam's club or Costco. It is a no brainer with whom I will do business with when my card expires. A company that is a throw back to a day when employees and customer service matters, or a company that has spent millions in law suits and fines annually for it's treatment of employees. For sure, a clear winner here for my dollar........
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