Costco's Profit Soars As Low-Wage Competitors Struggle

[Star]

.
Republicans hate this --- Costco pays a little more than the food stamp companies like Walmart -- well OK, a lot more.

Costco's Profit Soars To $459 Million As Low-Wage Competitors Struggle


The Huffington Post
05/30/2013

At a time when other retailers are struggling to get people into stores, Costco is enjoying a moment in the sun.
The big box giant's profit jumped 19 percent to $459 million last quarter, thanks in part to the company’s efforts to offer discounts to lure more members, according to Bloomberg. The company was able to offer those discounts and boost its profits while paying its workers a decent wage, a claim many of Costco’s competitors can’t make.

Nor can Costco's competitors claim growth quite like the wholesale retailer. Walmart’s sales suffered last quarter as shoppers struggled with a delay in their tax refund checks and a payroll tax hike. The company’s Sam’s Club unit, which is comparable to Costco, contended with similar obstacles in 2012.

.

 

[ClosedCaption]

What a terrible guy.

 

[Katzndogz]

Walmart is about to go broke and out of business.

Like Fox. Like Rush Limbaugh will be off the air any day now.

 

[Sunshine]

I seriously can't shop at Costco. Their home, and lawn/gardeng items are just too expensive. The only thing I really like is the Kirland Lavendar laundry detergent and fabric softener, but you can get it from Wally World under a different brand name for half the price. It's definitely yuppie discount shopping at Costco. But, while I may have been yuppie for a bit, I'm not stupid. I did buy a laptop there and felt like I got a good deal, then I looked here in KY where things tend to be a bit cheaper anyway and the local Office Depot of whatever it is called had it for less.

They do have some lovely cashmere sweaters in the winter, though!~

 

[squeeze berry]

.
Republicans hate this --- Costco pays a little more than the food stamp companies like Walmart -- well OK, a lot more.

Costco's Profit Soars To $459 Million As Low-Wage Competitors Struggle


The Huffington Post
05/30/2013

At a time when other retailers are struggling to get people into stores, Costco is enjoying a moment in the sun.
The big box giant's profit jumped 19 percent to $459 million last quarter, thanks in part to the company’s efforts to offer discounts to lure more members, according to Bloomberg. The company was able to offer those discounts and boost its profits while paying its workers a decent wage, a claim many of Costco’s competitors can’t make.

Nor can Costco's competitors claim growth quite like the wholesale retailer. Walmart’s sales suffered last quarter as shoppers struggled with a delay in their tax refund checks and a payroll tax hike. The company’s Sam’s Club unit, which is comparable to Costco, contended with similar obstacles in 2012.

.

link to Republicans " hating this" ?

 

[Dont Taz Me Bro]

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Republicans hate this --- Costco pays a little more than the food stamp companies like Walmart -- well OK, a lot more.

You apparently aren't aware (Surprise! Surprise!) that most of the executive leadership of Walmart are so-called liberal Democrats.

 

[ClosedCaption]

According to Right wing Math this guy shoulda jacked his prices through the roof and the free market would've determined ppl go to other places and Costco goes out of business. The cost of higher wages gets pushed onto the customer right?

W.R.O.N.G.

 

[Star]

.
Republicans hate this --- Costco pays a little more than the food stamp companies like Walmart -- well OK, a lot more.

Costco's Profit Soars To $459 Million As Low-Wage Competitors Struggle


The Huffington Post
05/30/2013

At a time when other retailers are struggling to get people into stores, Costco is enjoying a moment in the sun.
The big box giant's profit jumped 19 percent to $459 million last quarter, thanks in part to the company’s efforts to offer discounts to lure more members, according to Bloomberg. The company was able to offer those discounts and boost its profits while paying its workers a decent wage, a claim many of Costco’s competitors can’t make.

Nor can Costco's competitors claim growth quite like the wholesale retailer. Walmart’s sales suffered last quarter as shoppers struggled with a delay in their tax refund checks and a payroll tax hike. The company’s Sam’s Club unit, which is comparable to Costco, contended with similar obstacles in 2012.

.

link to Republicans " hating this" ?

I realize many, possibly most Republicans are search engine challenged but thanks for asking anyway -- next time ask me something hard or-----or if you're capable, get off your intellectual ass and do it yourself.

House Republicans Vote to Keep Millions in Poverty by Refusing to Raise the Minimum Wage
.

 

[Wyatt earp]

.
Republicans hate this --- Costco pays a little more than the food stamp companies like Walmart -- well OK, a lot more.

Costco's Profit Soars To $459 Million As Low-Wage Competitors Struggle


The Huffington Post
05/30/2013

At a time when other retailers are struggling to get people into stores, Costco is enjoying a moment in the sun.
The big box giant's profit jumped 19 percent to $459 million last quarter, thanks in part to the company’s efforts to offer discounts to lure more members, according to Bloomberg. The company was able to offer those discounts and boost its profits while paying its workers a decent wage, a claim many of Costco’s competitors can’t make.

Nor can Costco's competitors claim growth quite like the wholesale retailer. Walmart’s sales suffered last quarter as shoppers struggled with a delay in their tax refund checks and a payroll tax hike. The company’s Sam’s Club unit, which is comparable to Costco, contended with similar obstacles in 2012.

.

link to Republicans " hating this" ?

I realize many, possibly most Republicans are search engine challenged but thanks for asking anyway -- next time ask me something hard or-----or if you're capable, get off your intellectual ass and do it yourself.

House Republicans Vote to Keep Millions in Poverty by Refusing to Raise the Minimum Wage
.

Lmao at you link.... You liberals are a funny bunch. I so love your brain farts....

 

[ClosedCaption]

@ Star.

Whenever someone asks you for a link. Don't go searching because as soon as you post it, they'll ask for more and more and more

 

[Stephanie]

@ Star.

Whenever someone asks you for a link. Don't go searching because as soon as you post it, they'll ask for more and more and more

doubtful...because there is no point to what he posted..
what does he expect the people here to do, wail about how UNFAIR?

 

[Sunshine]

@ Star.

Whenever someone asks you for a link. Don't go searching because as soon as you post it, they'll ask for more and more and more

When you quote from a copyrighted source a link is requred. Yeah, I'd like to see him banned too, but I won't bait him into it as you have done.

 

[ClosedCaption]

@ Star.

Whenever someone asks you for a link. Don't go searching because as soon as you post it, they'll ask for more and more and more

When you quote from a copyrighted source a link is requred. Yeah, I'd like to see him banned too, but I won't bait him into it as you have done.

They said "republicans hate this" that was not a quote from copyrighted material then someone asked for a link to "republicans hate this"

 

[Missourian]

Googled "Costco Missouri", page one results.

Yep...they're doing great...

 

[syrenn]

I doubt seriously their profits are becasue they pay better then walmart



costco profits are better becasue they sell a better quality and type of product.

 

[Yurt]

.
Republicans hate this --- Costco pays a little more than the food stamp companies like Walmart -- well OK, a lot more.

Costco's Profit Soars To $459 Million As Low-Wage Competitors Struggle


The Huffington Post
05/30/2013

At a time when other retailers are struggling to get people into stores, Costco is enjoying a moment in the sun.
The big box giant's profit jumped 19 percent to $459 million last quarter, thanks in part to the company’s efforts to offer discounts to lure more members, according to Bloomberg. The company was able to offer those discounts and boost its profits while paying its workers a decent wage, a claim many of Costco’s competitors can’t make.

Nor can Costco's competitors claim growth quite like the wholesale retailer. Walmart’s sales suffered last quarter as shoppers struggled with a delay in their tax refund checks and a payroll tax hike. The company’s Sam’s Club unit, which is comparable to Costco, contended with similar obstacles in 2012.

.

link to Republicans " hating this" ?

I realize many, possibly most Republicans are search engine challenged but thanks for asking anyway -- next time ask me something hard or-----or if you're capable, get off your intellectual ass and do it yourself.

House Republicans Vote to Keep Millions in Poverty by Refusing to Raise the Minimum Wage
.

that doesn't prove your assertions about republicans.

stop lying. thank you.

 

[ClosedCaption]

Told ya star!

 

[syrenn]

The big box giant's profit jumped 19 percent to $459 million last quarter, thanks in part to the company’s efforts to offer discounts to lure more members, according to Bloomberg.

missed that part did you?

 

[DiamondDave]

If their model is successful.. good for them.. that is what business is all about

And if WalMart beats them.. still.. good for them too

It is not about favorites.. it is about the freedom of business to do what they want and succeed or fail all on their own because of those decisions and practices

 

[DiamondDave]

I doubt seriously their profits are becasue they pay better then walmart



costco profits are better becasue they sell a better quality and type of product.

Bingo


I am still waiting for Star's and CloseMinded's explanation of how paying higher wages actually equates to higher profits...