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The Water Cooler
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Sam's Club or COSTCO Membership?
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<blockquote data-quote="SlugSlinger" data-source="post: 3127156" data-attributes="member: 7248"><p>One reason Costco’s annual sales per foot is higher is because of higher quality stuff. As in Costco stocks and prices their inventory higher than Sam’s. Costco built their Tulsa store in the highest rent district with available land. The clientele that shops there are in the upper income level. Costco would be considered a premium store versus Sam’s.</p><p></p><p>From an investor standpoint, higher sales per foot is an attractive metric. From a money saving consumer looking for good prices on products standpoint, not so much.</p><p></p><p>If you want to buy premium, higher quality items and have a better shopping experience, go to Costco and probably pay more. I have both cards in my wallet and go to both stores. Sam’s has a much better price on diesel fuel, even better than Costco’s discounted price. We shop Sam’s more than Costco because of the drive time to Costco. If Costco and Sams were next to each other, we’d probably shop at Costco more.</p><p></p><p>Btw, if someone is looking to save money on basic food items, go to Aldi. It is amazing the price difference from walmart. Their prices are likely the lowest in town if you are ok with non name-brand food.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3127156, member: 7248"] One reason Costco’s annual sales per foot is higher is because of higher quality stuff. As in Costco stocks and prices their inventory higher than Sam’s. Costco built their Tulsa store in the highest rent district with available land. The clientele that shops there are in the upper income level. Costco would be considered a premium store versus Sam’s. From an investor standpoint, higher sales per foot is an attractive metric. From a money saving consumer looking for good prices on products standpoint, not so much. If you want to buy premium, higher quality items and have a better shopping experience, go to Costco and probably pay more. I have both cards in my wallet and go to both stores. Sam’s has a much better price on diesel fuel, even better than Costco’s discounted price. We shop Sam’s more than Costco because of the drive time to Costco. If Costco and Sams were next to each other, we’d probably shop at Costco more. Btw, if someone is looking to save money on basic food items, go to Aldi. It is amazing the price difference from walmart. Their prices are likely the lowest in town if you are ok with non name-brand food. [/QUOTE]
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