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Originally Posted by thelegges
Costco has had a cult following since its launch. We have been members over 20 years. I have never been to a Costco that has empty parking spots. Costco fans will shop more frequently because it’s close.
However there are many TV residents who Won’t spend a dime to join. I doubt Costco will need to Giveaway $25 membership like BJ’s did.
So Free Walmart shopping traffic may win over Paid Membership Costco by a hair.
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Costco locations average monthly profit of $1638 per square foot, while Walmart's is around $574 per square foot. Walmart is competing against Target and Amazon while Costco has very little competition in what it sells. Sams Club has failed to put a dent in Costco's success.