Quote:
Originally Posted by FloridaGuy66
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.
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True, but Walmart draws from every household, families, small or large income, and retirees. Especially school age families who need supplies, clothing, and all things kids.
How many threads on TOTV have complained about refusing to pay money to shop, why do I need 5 gallons of mustard, i don’t understand what all the fuss is about, and unless it’s free not wasting my time. Costco will definitely do well here, but Walmart has its clientele and will also gain traffic as well, probably pulling away from closer Walmarts
I posted always have to hunt for parking at Costco for 20 years. But I believe this will be the first time a Costco is in the middle of a large retirement community. Yesterday at TJ’s the staff were asking how close is Costco to opening? Some live near Ocala. Costco clientele will still draw from surrounding areas, Especially Ocala.