I know it’s the second Costco related thing I’ve posted on this, but it’s a pretty big deal.

If these MAGA turds want to try to boycott, I’ll laugh my ass off because this one of the best performing retail stocks in the US in the past 20 years.

  • ilinamorato@lemmy.world
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    2 days ago

    If you’re buying for enough people that it makes sense, the Executive membership can easily pay for itself. Generally speaking Costco is slightly cheaper, but the big thing is that you’ll typically get the more premium brand in a bulk container for the more basic price.

    But if you aren’t going to be buying for a family of six every other week, it might not be super worth it to you. It’s a good store, but it’s not some amazing mecca or anything.

    • aesthelete@lemmy.world
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      1 day ago

      I read a margin breakdown on every big box store in consumer reports and Costco was the lowest margin store there was. They make most of their money on the subscriptions.

      There are also some items (beer for instance) that are drastically lower in price versus the competition. So much so that you can make your membership fee back in a couple of trips.

      But yes, admittedly they do not have 100% unbelievable deals.

      • ilinamorato@lemmy.world
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        21 hours ago

        The crazy thing is that their margins are super low, and the subscription fee isn’t super onerous (as you mentioned, there are multiple ways to make it back–for instance, we’ve never yet had a year where we didn’t get our Executive membership totally paid for by the rebate check), and yet they still pay substantially more than other employers in pretty much every area, and they’re still one of the most profitable retailers in the country.

        Basically, I think every other big box store’s executive team should be fired whenever they say they “can’t” do something like pay their workers or offer benefits or whatever. Obviously you can, because Costco does.

    • Clent@lemmy.dbzer0.com
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      1 day ago

      There is also value in the curation of products that occurs from their generous return policy. They cannot afford to carry shittified products.

      • Whats_your_reasoning@lemmy.world
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        20 hours ago

        Last year I got a portable swinging camping chair from Costco. It’s the next best thing to a rocking chair, which itself is the next best thing to a hammock. It even has a cupholder (which doesn’t swing, so you don’t have to worry about your drink spilling.)

        You never know what you might find.

      • ilinamorato@lemmy.world
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        22 hours ago

        That’s really true. We returned the same vacuum cleaner three times in a year before we decided to just get a different brand.

    • NABDad@lemmy.world
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      2 days ago

      Technically, I’m past the point of needing it. It’s more just to support a company that isn’t total shit.

    • ilinamorato@lemmy.world
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      2 days ago

      Just realized, I had forgotten entirely about appliances and electronics and clothes and stuff. That stuff is almost always 10-ish percent cheaper as a baseline. So if you need to buy that sort of thing somewhat often, it might be a better deal thank I let on.