Koios
Recreational Kibitzer
- Nov 12, 2012
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Costco has 160,292 employees nationally and worldwide.
Walmart has 1.4 million employees.
Comparing Costco to Walmart is like comparing Rhode Island to Texas.
Indeed. Thus I compared it to Sam's Club, Costco's chief rival, and vice versa. And Costco outsells Sam's Club by about 2-to-1.
I doubt Costco is earning twice the proft of Sams Club but if they are, it is because they are making a profit while Sams sales have been flat lately. And BJs is outperforming both.
Even after closing a number of its stores, Sams still operates about 600 stores nationwide. Costco has about 400 and BJs, still an east coast player, has 200.
And it isn't an apple to apples comparison either as each chain has a different approach and its a matter of preference what anybody might prefer if they have a choice. In most places you find a Costco OR a Sams Club OR a BJs and don't usually have easy access to all three. We haven't belong to a Sams Club in years and we dropped our Costco membership this year because the prices aren't enough better than Walmart or Albertsons, both which are very near our home and don't charge a membership fee, and we just didn't think it worth it to pay the fee and drive across town to a Costco or Sams Club. If we had a large family still at hone or otherwise bought large quantities of groceries and stuff, we might rethink that.
Also Costco doesn't have its own super centers competing with its membership club.
Then go look, if it's of interest to you.