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Another reason to patronize Costco over Wall Mart:

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roguevalley Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-22-03 01:45 AM
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Another reason to patronize Costco over Wall Mart:
Costco vs. Wal-Mart
Sam's Club has 71 percent more U.S. stores than Costco, yet Costco's total sales are 5 percent higher. The average Costco store generates almost double the revenue of a Sam's Club. By any hard-nosed business measure, Costco is succeeding brilliantly against what may be the most formidable competitor in any industry on Earth.

Furthermore, Costco's success translates directly into benefits for workers and customers in the very manner that cheerleaders for corporate America have long described. The company offers "the best wages and benefits in retail." Its starting hourly wage is $10. Full-time hourly workers earn annual salaries of $40,000 after four years.

And get this: Whenever Costco buyers negotiate a good deal on products, the savings are actually passed on to customers. No, seriously; markups are capped at 14 percent.

For an interesting read, Costco vs. Wal-Mart

Rest of the story is at Bartcop in the entertainment section.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-22-03 01:51 AM
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1. 40000 after 4yrs
is unbelievable, most people never make that kind of money a year. dam you must get really good service at these stores. costco also has a better return per sq. foot than sam`s and that`s where the money comes from....
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-22-03 02:32 AM
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2. Salmon.
I never liked fish until I ate Costco salmon. Fresh? My god. Fabulous.

Never been inside a Walmart.
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mouse7 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-22-03 02:46 AM
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3. MAYBE they make that money because employees treated well
Edited on Mon Dec-22-03 02:47 AM by mouse7
Happy hard-working employees make managers LOTS of money. They show up to work to do the best job they can and they are very productive. Minimum wage worker have no reason to work hard. They slide by doing the minimum effort they can get away with because their managers make it clear they are being compensated as little as the law allows.
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Wapsie B Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-22-03 02:57 AM
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4. I wish we had a Costco nearby.
I'd love to give them my business.
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buycitgo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-22-03 03:51 AM
Response to Reply #4
5. great thread!
great store!

another thread here discussed this.

better details here.

also, I mentioned there that the CEO went to bat for one of the employees' wives.....he told me the story himself while helping me with stereo stuff.

wife had some unusual medical condition, which the Insurance co wouldn't cover. he talked to the pres, who answers his own phone, and told his story.

pres, whatever, goes to Insurance co, says if they don't cover her, he yanks the contract.

that was that.....she got her treatment within a few days.

can you imagine Kenny Boy or Kozlowski doing that for one of theirs?
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