Talk of The Villages Florida - View Single Post - Good News . . . I Mean REALLY Good News!
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Old 07-01-2023, 07:26 AM
NoMo50 NoMo50 is offline
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Quote:
Originally Posted by tophcfa View Post
My guess is that IF a Costco ever comes to the Village’s it will be near the new Middleton area where lots of housing for young families with kids will be. Costco’s business model is to sell products in volume at low margins. Without customers buying lots of stuff in bulk their business model simply doesn’t work. Homes with two senior citizens simply don’t fit their target demographic, they need young families that rapidly go through products in volume. Demographics aside, Florida is already at a disadvantage fitting into Costco’s model because the homes don’t have basements, leaving homes at a disadvantage for bulk purchase storage. The Village’s has had the population concentrated sought after by Costco for years, but the demographic make up of the population isn’t favorable in their eyes.
The rumor that never dies. If there is to be a Costco in The Villages area, it most certainly will not be on Villages property. Costco thrives on huge volume at low margins, and will never pay the vig the Developer extracts from its retail "partners."