The several Costco I go to are all business owners, Mormon families, and young people. They are always packed. If anything Costco is winning; Sam's is considered the place old people go to and they are closing 10% of their stores
Yeah, the article is laughable. Damn near any business with more than 10 people has a pallet of Costco shit show up every 2-4 weeks. Every business with a pallet of shit showing up every 2-4 weeks gets to give out steeply-discounted memberships to everyone who works there. Everyone who works there has an incentive to shop at Costco. And shit - when I had the corporate costco card I only bought beer for parties. But I bought beer for parties. Amazon and Box have cardboard boxes full of shit. Costco works freight. This is why Sams Club is dying: it's a Walmart with a membership card. And this is why Costco is not: they're like Grainger or McMaster Carr for human stuff. STUDIOUSLY NOT MENTIONED IN THE AMAZON-OWNED WASHINGTON POST: Wayfair. Like Ikea, except they ship it to your house or business and give you a 30% discount if you buy more than $500.
I'd say no, but that's a lie: WaPo seems a respectable newspaper. Is it? Any news source recommendations?IN THE AMAZON-OWNED WASHINGTON POST
Nope. Amazon.com, the huge, publicly traded, Fortune/S&P 500 company, does not own The Washington Post or any of its affiliated publications. Bezos [the CEO — FBR] is buying us with his personal fortune rather than through Amazon.
They haven't had any dust-ups like Judith Miller or Jayson Blair. They've got skilled and seasoned reporters on staff. That said, Bezos is a shady fuck. Is there some sotto voce directive to write shit about how Costco is fucked but not about how Amazon has its own challenges? I doubt it. But it also wouldn't surprise me if they did.
Wayfair is a $4 billion a year income company now. Wow. I recall when they were basically a tiny online-only BigLots. The Grainger catalog is better pornography than Playboy could every hope to be. I wish we got a discount at work for Costco. I can almost justify the 15 minute side trip on the way home to get gas, but living by myself in a smaller house I cannot justify using Costco for food and sundries. Gas is consistently $.05 less than anywhere else.