[jparsoneau@aol.com]

Costco would be nice. But why eliminate other things. That others would like as well.

[Stu from NYC]

Originally Posted by FredJacobs

What you may not know is that Costco, BJ's, Sam's, Trader Joe's, Whole Foods, etc. have such buying power that they work on a GROSS profit margin of about 25%. After expenses, the NET profit is about 10-15%. Here, in The Villages, the Developer charges these companies rent based on a percentage of their profit. This is not unusual - many places do this. Now you know why WalMart fights against unionization, why there are no WalMarts in New York City and why there were no Walmarts in New Hampshire until the 1990's.

The stores you are talking about who are in the area are actually not located on property owned by the Developer. Also do believe their gross is under 25% by a considerable margin.

Whole Foods which is often called Empty wallet by people living where they are must have a gross well over 25%.

[Joe Mack]

Originally Posted by Michael G.

Wouldn't it be nice to limit building all those fast food restaurants
and cutesy expensive specialty stores popping up all over TV for one nice big Costco store?

One can only hope!

No, variety is the spice of life and not everyone likes Costco.

[jimjamuser]

Originally Posted by Michael G.

Wouldn't it be nice to limit building all those fast food restaurants
and cutesy expensive specialty stores popping up all over TV for one nice big Costco store?

One can only hope!

I say, "spread the love around". Small business retail stores increase the local middle class.

[loweglor]

I would be happy with one top quality Italian bakery with fresh bread and home made pastries.

[WingedFoot78]

Does anyone know what the employee discount at WFM is? You will be surprised.

[daniel200]

Originally Posted by WingedFoot78

Does anyone know what the employee discount at WFM is? You will be surprised.

From the Whole Foods Website:

Spotlight: 20% In-Store Discount

“Our most well-known benefit, every Team Member gets a 20% in-store discount on your favorite products. Plus, after six months, you have the opportunity to increase that discount up to 30%.”

Benefits | Whole Foods Market Careers

[JMintzer]

Originally Posted by Pennyt

I don't get Buc-ees. It's just an over-blown Seven Eleven. Been there, but didn't get the hype.

How dare you!

https://youtu.be/xsImFkLdE4A

[kkingston57]

Originally Posted by Stu from NYC

Its coming here

Would not call Ocala "here".

[kkingston57]

Originally Posted by FredJacobs

What you may not know is that Costco, BJ's, Sam's, Trader Joe's, Whole Foods, etc. have such buying power that they work on a GROSS profit margin of about 25%. After expenses, the NET profit is about 10-15%. Here, in The Villages, the Developer charges these companies rent based on a percentage of their profit. This is not unusual - many places do this. Now you know why WalMart fights against unionization, why there are no WalMarts in New York City and why there were no Walmarts in New Hampshire until the 1990's.

Have never seen a Costco which is not free standing. Can not imagine them leasing space for their biz.

[kkingston57]

[QUOTE=Pennyt;2192951]I don't get Buc-ees. It's just an over-blown Seven Eleven. Been there, but didn't get the hype.[/QUO

One of their hypes is clean rest rooms. Wa Wa has good clean restrooms, great sandwiches and is less than 1 mile from my house.

[Haggar]

Originally Posted by FredJacobs

What you may not know is that Costco, BJ's, Sam's, Trader Joe's, Whole Foods, etc. have such buying power that they work on a GROSS profit margin of about 25%. After expenses, the NET profit is about 10-15%. Here, in The Villages, the Developer charges these companies rent based on a percentage of their profit. This is not unusual - many places do this. Now you know why WalMart fights against unionization, why there are no WalMarts in New York City and why there were no Walmarts in New Hampshire until the 1990's.

According to Costco's latest SEC report gross margin is averaging about 11% for the last three years.

[END OTT]

Originally Posted by Jayhawk

Attachment 97142

COSTCO at Clermont building of 27

[Al2014]

Originally Posted by Pennyt

I don't get Buc-ees. It's just an over-blown Seven Eleven. Been there, but didn't get the hype.

You are not in the majority here.

[Larryandlinda]

Originally Posted by Al2014

You are not in the majority here.

May we add two more to the minority?
We will however place it above some of what the cynic between us calls a poison pit ;-I