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Thread: Costco -v Wallmart

  1. #1

    Costco -v Wallmart

    Walmart pays low wages, has crap customer service and has falling sales for 5 straight quarters (among with stores closing).

    Costco pays well above Wallmart's wages, has far more benefits for their employees and has record sales for 3 straight years.

    Discuss.

  2. #2

    Re: Costco -v Wallmart

    Really, who cares about customer service when you go to Walmart (or any other big box store, for that matter)? You go in, you get what you want, and you leave via the self checkout lines. My interaction with Walmart employees is next to zero.

    Both places serve a purpose.

  3. #3

    Re: Costco -v Wallmart

    Costco says its customer service is a big reason for its success.

    Maybe you don't care about service at a big box - but Costco does and believes lots of its customers do too - and their success certainly demonstrates that.

  4. #4

    Re: Costco -v Wallmart

    Quote Originally Posted by RockyMtNole
    Really, who cares about customer service when you go to Walmart (or any other big box store, for that matter)? You go in, you get what you want, and you leave via the self checkout lines. My interaction with Walmart employees is next to zero.

    Both places serve a purpose.

    Yep. I don't expect to have my butt kissed at Wal Mart. I'm in and out buying staple items, not a car.

  5. #5

    Re: Costco -v Wallmart

    Quote Originally Posted by Brooklyn Nole
    Costco says its customer service is a big reason for its success.

    Maybe you don't care about service at a big box - but Costco does and believes lots of its customers do too - and their success certainly demonstrates that.

    Find a Wal Mart and Costco next to each other and tell me who is winning that battle.

  6. #6
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    Re: Costco -v Wallmart

    Yes,... Those who hate walmart,... just follow what the DNC tells them

  7. #7

    Re: Costco -v Wallmart

    Not sure the revenue statement on Wal-Mart declining for 5 straight quarters is correct. The last 5 quarters of revenue were:

    7/31/13 = $116.95B
    10/31/13 = $115.69B
    1/31/14 = $129.71B
    4/30/14 = $114.96B
    7/31/14 = $120.13B

    Certainly there is seasonality, but year-over-year for quarter-ending 7/31/14, WMT was up 2.7% in revenue. More importantly than revenue, WMT kicks off gross income at 24.8% and EBITDA at 7.5% in their last completed fiscal year. Compare this to COST at 12.6% gross income and EBITDA at 3.8%. WMT certainly seems to have the better results. As a consumer, I like Costco better, but I'm note sure they should be rewarded with a multiple of 25 compared to WMT's 15.

  8. #8

    Re: Costco -v Wallmart

    Quote Originally Posted by Pacedog
    Quote Originally Posted by Brooklyn Nole
    Costco says its customer service is a big reason for its success.

    Maybe you don't care about service at a big box - but Costco does and believes lots of its customers do too - and their success certainly demonstrates that.

    Find a Wal Mart and Costco next to each other and tell me who is winning that battle.
    Ummm... there is one in Tallahassee at FallsChase.... I am pretty sure both do well.

    But comparing these two models is ridiculous. Comparing Target and Wal-mart would make way more sense.

    When people stop shopping at Wal-Mart they will change their model... until then they will continue to operate as they see fit to reach their goals.

    If you don't like the way they do business don't shop there. It is pretty simple.

  9. #9
    Administrator FSU_Jeep's Avatar
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    Re: Costco -v Wallmart

    Why are you comparing Walmart to Costco? They are not even the same type of store?

    Walmart compares with Kmart.

    Costco compares with Sams BJs and other bulk warehouse stores.


    Have you compared or sought out if SAM's club is ran better than Walmart? Then compare those findings to Costco.

  10. #10

    Re: Costco -v Wallmart

    Hey Broke - how much do you pay your help?
    Generally speakiní: You ainít learniní nothing when youíre the one doiní the talkin

  11. #11

    Re: Costco -v Wallmart

    Quote Originally Posted by Pacedog
    Quote Originally Posted by Brooklyn Nole
    Costco says its customer service is a big reason for its success.

    Maybe you don't care about service at a big box - but Costco does and believes lots of its customers do too - and their success certainly demonstrates that.

    Find a Wal Mart and Costco next to each other and tell me who is winning that battle.
    There's a Super Wal-Mart right next to a Costco where I live. They seem to be killing it.

  12. #12

    Re: Costco -v Wallmart

    Quote Originally Posted by FSU_Jeep
    Why are you comparing Walmart to Costco? They are not even the same type of store?

    Walmart compares with Kmart.

    Costco compares with Sams BJs and other bulk warehouse stores.


    Have you compared or sought out if SAM's club is ran better than Walmart? Then compare those findings to Costco.
    I think that a big box store that sells everything is highly relatable to another big box store that sells everything.

  13. #13
    Administrator FSU_Jeep's Avatar
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    Re: Costco -v Wallmart

    [quote=Huey Grey]
    Quote Originally Posted by "FSU_Jeep":tqwbzx3h
    Why are you comparing Walmart to Costco? They are not even the same type of store?

    Walmart compares with Kmart.

    Costco compares with Sams BJs and other bulk warehouse stores.


    Have you compared or sought out if SAM's club is ran better than Walmart? Then compare those findings to Costco.
    I think that a big box store that sells everything is highly relatable to another big box store that sells everything.[/quote:tqwbzx3h]

    That is where you would be wrong. Comparing a Warehouse club that sales memberships to a big box store is completely different.

    Walmart does not sell breithling watches do they? When is the last time you purchased a car through walmart? How about a casket? Walmart does not even employee a butcher so you can't even compare the meat departments.

  14. #14

    Re: Costco -v Wallmart

    [quote=FSU_Jeep][quote="Huey Grey":1r0ovlsx]
    Quote Originally Posted by "FSU_Jeep":1r0ovlsx
    Why are you comparing Walmart to Costco? They are not even the same type of store?

    Walmart compares with Kmart.

    Costco compares with Sams BJs and other bulk warehouse stores.


    Have you compared or sought out if SAM's club is ran better than Walmart? Then compare those findings to Costco.
    I think that a big box store that sells everything is highly relatable to another big box store that sells everything.[/quote:1r0ovlsx]

    That is where you would be wrong. Comparing a Warehouse club that sales memberships to a big box store is completely different.

    Walmart does not sell breithling watches do they? When is the last time you purchased a car through walmart? How about a casket? Walmart does not even employee a butcher so you can't even compare the meat departments.[/quote:1r0ovlsx]
    Wal-Mart sells cars. They sell caskets. And it's a stretch with the meat department. But I'll give it to you on the watches. Although it you get on Wal-Mart.com they do feature Breitling as a special sponsor.

  15. #15
    Administrator FSU_Jeep's Avatar
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    Re: Costco -v Wallmart

    [quote=Huey Grey][quote="FSU_Jeep":sospy9yu][quote="Huey Grey":sospy9yu]
    Quote Originally Posted by "FSU_Jeep":sospy9yu
    Why are you comparing Walmart to Costco? They are not even the same type of store?

    Walmart compares with Kmart.

    Costco compares with Sams BJs and other bulk warehouse stores.


    Have you compared or sought out if SAM's club is ran better than Walmart? Then compare those findings to Costco.
    I think that a big box store that sells everything is highly relatable to another big box store that sells everything.[/quote:sospy9yu]

    That is where you would be wrong. Comparing a Warehouse club that sales memberships to a big box store is completely different.

    Walmart does not sell breithling watches do they? When is the last time you purchased a car through walmart? How about a casket? Walmart does not even employee a butcher so you can't even compare the meat departments.[/quote:sospy9yu]
    Wal-Mart sells cars. They sell caskets. And it's a stretch with the meat department. But I'll give it to you on the watches. Although it you get on Wal-Mart.com they do feature Breitling as a special sponsor.[/quote:sospy9yu]

    I buy all my meat at Costco, Costco has better meat than the Fresh Market in Tallahassee. The Filets at Costco for $12.99 a lb, are the same as at the fresh mart for $21.99 a lb.

    And no there is not a wal-mart in the US where they have a car for sale in the store.

    You cannot compare warehouse stores to big box stores, it is an entirely different market.

    http://online.wsj.com/articles/SB100...67093678271732

  16. #16

    Re: Costco -v Wallmart

    If you are comparing Wal-Mart to Costco you have no concept of the retail space.

    Even comparing Sams to Costco becomes a stretch when you consider the philosophies behind the companies. While the sales model is very similar, the target audience, quality of goods and purchasing tactics are completely dissimilar.

  17. #17

    Re: Costco -v Wallmart

    Quote Originally Posted by BigBlueNole
    If you are comparing Wal-Mart to Costco you have no concept of the retail space.

    Even comparing Sams to Costco becomes a stretch when you consider the philosophies behind the companies. While the sales model is very similar, the target audience, quality of goods and purchasing tactics are completely dissimilar.
    Quote Originally Posted by BigBlueNole
    If you are comparing Wal-Mart to Costco you have no concept of the retail space.

    Even comparing Sams to Costco becomes a stretch when you consider the philosophies behind the companies. While the sales model is very similar, the target audience, quality of goods and purchasing tactics are completely dissimilar.
    So if you were the CEO of Wal-Mart you wouldn't consider Costco a competitor? That may be your belief but I don't think the real CEO of Wal-Mart would agree with you. Do a simple google search. The two stores are compared all the time.

  18. #18
    Administrator FSU_Jeep's Avatar
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    Re: Costco -v Wallmart

    The ceo of Sam's Club considers Costco a competitor.

  19. #19

    Re: Costco -v Wallmart

    I love going to Costco - so long as it's not a Saturday.

    I feel dirty after a visit to Walmart and need a Silkwood shower.
    Even the brand new ones seems dirty and reek of sadness.
    King Jackass

  20. #20

    Re: Costco -v Wallmart

    Walmart doesn't sell 200-pack pallets of toilet paper. they are two different business models. the big spenders at Costco are small businesses and churches.

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