Quote:
Originally Posted by 784caroline
I find it hard to believe the Villages Sam's Club would not be profitable.They just remodeled the store, adding a new fresh "Premium" meat case selling steaks at $35 pound plus fresh seafood and sushi. Their wine selection has improved offfering more top end Cabernets and other fine wines. I dont think they are hurting...good for them a
nd good for us!
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I never said they weren't profitable since I have no access to their books. However, the fact they are adding things has no bearing on their profitability or lack thereof. It usually means they are trying to attract people who they haven't attracted before. That would be the right way to improve business and the bottom line. However that being said, I belonged to Sam's (as well as Costco) up north and there was a Sam's in my town. There was barely a day or time when the lines were 10-15 deep at 5-10 registers (depending on time of day) with the majority being commercial buyers with orders of $500+ easy and that store was CLOSED 6 months ago when they went on a closing spree at stores that weren't doing as they expected. Sam's here is more like a supermarket where the vast majority of people I have seen in line or checking out at the door have relatively small orders, sometimes 1 item. In general I'll bet this store isn't anywhere in the top 2/3rds of their stores. These stores do a huge amount of business to business but this location seems more like a local supermarket despite all the other items they carry. Most of the homeowners here don't need 10 gallon bottles of mayonnaise or mustard or 6lb packages of salmon but the $4 roasted chicken is good. There just isn't room to store it.
