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Economy
In reply to the discussion: Weekend Economists Out on an Idle Idol Idyll November 15-17, 2013 [View all]xchrom
(108,903 posts)21. Three Reasons Why Costco Is Beating Wal-Mart And Target
http://www.businessinsider.com/three-reasons-costco-is-beating-wal-mart-2013-11
***SNIP
1. Customers want deals. It's estimated that shoppers can save up to 55% on groceries from buying in bulk at warehouse chains, write the analysts at Trefis.
***SNIP
2. Costco is hyper-focused on local markets. The brand "grants its local store managers some discretion over the products that are kept in stores," the analysts at Trefis write.
***SNIP
3. Costco changes its brands often. "Customers always find something new at its stores and get a treasure hunt experience," say the Trefis analysts.
The retailer occasionally offers some high-end items like Coach purses and Dom Perignon champagne to further intrigue shoppers.
Read more: http://www.businessinsider.com/three-reasons-costco-is-beating-wal-mart-2013-11#ixzz2koUq1QzJ
Read more: http://www.businessinsider.com/three-reasons-costco-is-beating-wal-mart-2013-11#ixzz2koUi2THr
***SNIP
1. Customers want deals. It's estimated that shoppers can save up to 55% on groceries from buying in bulk at warehouse chains, write the analysts at Trefis.
***SNIP
2. Costco is hyper-focused on local markets. The brand "grants its local store managers some discretion over the products that are kept in stores," the analysts at Trefis write.
***SNIP
3. Costco changes its brands often. "Customers always find something new at its stores and get a treasure hunt experience," say the Trefis analysts.
The retailer occasionally offers some high-end items like Coach purses and Dom Perignon champagne to further intrigue shoppers.
Read more: http://www.businessinsider.com/three-reasons-costco-is-beating-wal-mart-2013-11#ixzz2koUq1QzJ
Read more: http://www.businessinsider.com/three-reasons-costco-is-beating-wal-mart-2013-11#ixzz2koUi2THr
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