Quote:
Originally Posted by Sigaba
I don't think COSTCO is comparable to Walmart. COSTCO requires membership, Walmart doesn't. COSTCO has a focus on B2B sales, Walmart doesn't. (I'd compare COSTCO to Sam's, but why shop at Sam's if one can shop at COSTCO?)
Also COSTCO sells big ass cartons of Q-tips, Walmart doesn't. Not that I'm OCD or anything. I'm just pointing something out important.
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Sams Club is part of Walmart.
The economic factors that apply to Walmart/Sam's Club also apply to Coscto, in so far that they are both able to buy a lot of product for their stores, and be able to sell product at a lower cost than local stores.
Also, the demographic that shops at Costco is different than Walmart. Costco caters to mainly middle class families, while Walmart patrons are generally lower middle class, and poor families. I wonder what percentage of Walmarts grocery business is made up of federal food stamp dollars compared to Costco.
I would put money on food stamps/federal programs being a large part of Walmarts business, and probably also a major shot in the arm for Kraft.