From the Atlanta Daily World:
Photo: Getty Images Costco has recorded 13 consecutive weeks of increased foot traffic as it reaffirms its commitment to DEI. According to Retail Brew, Costco’s increased foot traffic reached the 13-week mark during the week of March 17. Unlike Target, Amazon, Walmart, and other major retailers, Costco moved to uphold its DEI initiatives amid attacks … Continued
The post Costco’s Foot Traffic Increases For 13th Week After Reaffirming DEI appeared first on Atlanta Daily World.
They only make money off memberships, so they take it very seriously.
They only make money off of memberships? What an incredibly silly thing to say. This feels like a fact that has gone through the telephone game and become a myth. I wouldn't be surprised if they made the majority from memberships, but to say they only make money from them is just ridiculous.
True on the margins they make some small profit from the Tire Centers and leases for the Optometrists and Pharmacists, but it's a well known fact that their business model is primarily centered around memberships. And just so you don't think I'm blowing smoke up your ass for internet clout, I worked there as a sample guy for a few years during college and learned this from the managers and employees id befriended. It may not be completely true these days, but from what I can see that's still largely the case.
Well, it’s well known that memberships is their business model.