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Sam's Club vs. Costco?

Sam's Club vs. Costco?
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  • Post #61 - January 11th, 2018, 3:11 pm
    Post #61 - January 11th, 2018, 3:11 pm Post #61 - January 11th, 2018, 3:11 pm
    Jim-Bob wrote:Sam's Club to close 63 stores nationwide including the Naperville, Romeoville, Batavia, Matteston and Moline stores. The Naperville one is a little surprising since that's a big metropolitan area, but there is another in Montgomery less than five miles away so that probably had something to do with it.

    http://www.chicagotribune.com/business/ ... story.html


    I picture the shareholders at Costco giving major side-eye over this news.
    Ava-"If you get down and out, just get in the kitchen and bake a cake."- Jean Strickland

    Horto In Urbs- Falling in love with Urban Vegetable Gardening
  • Post #62 - January 11th, 2018, 3:22 pm
    Post #62 - January 11th, 2018, 3:22 pm Post #62 - January 11th, 2018, 3:22 pm
    pairs4life wrote:I picture the shareholders at Costco giving major side-eye over this news.


    Not me. This is good news for shareholders. Eliminate under-producing stores, cut overhead, increase profit. It's a big win for shareholders, but unfortunately, probably not for the employees. Also, a few of these stores are being turned into online order distribution centers (with employees invited to stay on). That's where the big e-money is (also good for shareholders). :wink:
    Steve Z.

    “Only the pure in heart can make a good soup.”
    ― Ludwig van Beethoven
  • Post #63 - January 11th, 2018, 10:39 pm
    Post #63 - January 11th, 2018, 10:39 pm Post #63 - January 11th, 2018, 10:39 pm
    In hopes of pacifying customers who are upset over the closures and want to cancel their membership,Sams's club is offering a free 3 month extension.
    https://www.samsclub.com/sams/html/best ... pdate.html?
  • Post #64 - January 11th, 2018, 10:42 pm
    Post #64 - January 11th, 2018, 10:42 pm Post #64 - January 11th, 2018, 10:42 pm
    Jim-Bob wrote:Sam's Club to close 63 stores nationwide including the Naperville, Romeoville, Batavia, Matteston and Moline stores. The Naperville one is a little surprising since that's a big metropolitan area, but there is another in Montgomery less than five miles away so that probably had something to do with it.

    http://www.chicagotribune.com/business/ ... story.html

    Wheeling has been added to the Close list.
    What is patriotism, but the love of good things we ate in our childhood?
    -- Lin Yutang
  • Post #65 - January 13th, 2018, 1:15 am
    Post #65 - January 13th, 2018, 1:15 am Post #65 - January 13th, 2018, 1:15 am
    For those people here who belong to Sams Club, I've heard that the Wheeling store is already marking everything down 25%. This does not include pharmacy and tires.

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