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PostPosted: Thu Jul 21, 2016 1:12 pm 
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I've never spent a penny at Walmart.

As for Costco, I love shopping there. Yes, I have to pay a membership fee. But the money I save more than offsets that fee. My prescriptions are $20 cheaper at Costco. I get my winter tires put on and taken off at Costco, at half the price of the place I used to go to. Then there's the deals and just some day to day items that are cheaper at Costco than other places.

As for "made in China," the clothes I buy at Costco are not only inexpensive, they're made in Canada. So I pay a decent price for a Canadian manufacturer.

I noticed a couple of transgender people working at the local Costco as well. So their hiring practices are progressive as well.

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PostPosted: Thu Jul 21, 2016 1:19 pm 
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I've never spent a penny at Walmart.

As for Costco, I love shopping there. Yes, I have to pay a membership fee. But the money I save more than offsets that fee. My prescriptions are $20 cheaper at Costco. I get my winter tires put on and taken off at Costco, at half the price of the place I used to go to. Then there's the deals and just some day to day items that are cheaper at Costco than other places.

As for "made in China," the clothes I buy at Costco are not only inexpensive, they're made in Canada. So I pay a decent price for a Canadian manufacturer.

I noticed a couple of transgender people working at the local Costco as well. So their hiring practices are progressive as well.



Anyone who knows how good of a store Costco is, how bad Walmart is, who knows they will save big bucks as well as shopping at said good store but refuses to shop at the good store, is a person I never want to talk to unless said person is the pilot of the plane I am on and it is crashing and she needs my help...

And ONLY then

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PostPosted: Thu Jul 21, 2016 1:46 pm 
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The pro-Walmart folks will have to try to explain why WinCo's groceries are about a third cheaper than Walmart.


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PostPosted: Thu Jul 21, 2016 1:48 pm 
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The pro-Walmart folks will have to try to explain why WinCo's groceries are about a third cheaper than Walmart.

Winco is another good one.

Here is how simple this is.

If you hate science, liberals, black people, women, latinos, gays, foreigners, common sense and reason, you are more likely to purposely shop at Walmart.

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PostPosted: Fri Jul 22, 2016 7:12 am 
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Costco also has half the employees per store that Walmart has.

Costco also is able to be very selective in their choice of employees building a higher quality labor force.

And the last thing Costco wants is their competitors matching their pay, benefits, and efficiency for then they loose their premium edge of a higher quality labor force.


There is no sense in discussing the differences between Sam's and COSTCO as they refuse to see or admit the differences. It is either because COSTCO fits their template or they just aren't smart enough to see the differences. The number one difference is that Sam's goes into lower middleclass and poor areas while COSTCO only goes where most of the Liberals here live.

That being neighborhoods that are upper middleclass or higher, are white and are yuppie.

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PostPosted: Fri Jul 22, 2016 7:44 am 
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There is no sense in discussing the differences between Sam's and COSTCO as they refuse to see or admit the differences. It is either because COSTCO fits their template or they just aren't smart enough to see the differences. The number one difference is that Sam's goes into lower middleclass and poor areas while COSTCO only goes where most of the Liberals here live.

That being neighborhoods that are upper middleclass or higher, are white and are yuppie.
3 Costco stores here. NONE are in what you'd call upper middle class/yuppie neighborhoods. All are in areas of high traffic. If they were in an upper middle class neighborhood, they'd be on the south hill. Well, they're not on the south hill.

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PostPosted: Fri Jul 22, 2016 8:27 am 
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There is no sense in discussing the differences between Sam's and COSTCO as they refuse to see or admit the differences. It is either because COSTCO fits their template or they just aren't smart enough to see the differences. The number one difference is that Sam's goes into lower middleclass and poor areas while COSTCO only goes where most of the Liberals here live.

That being neighborhoods that are upper middleclass or higher, are white and are yuppie.

The Costco I go to is just blocks from Sam's Club. The one in my old hometown is in a working-class neighborhood. It's the Sam's that's in yuppie-land.

You've chosen a narrative, and you stick to it, no matter how un-factual it is.


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PostPosted: Fri Jul 22, 2016 1:41 pm 
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There is no sense in discussing the differences between Sam's and COSTCO as they refuse to see or admit the differences. It is either because COSTCO fits their template or they just aren't smart enough to see the differences. The number one difference is that Sam's goes into lower middleclass and poor areas while COSTCO only goes where most of the Liberals here live.

That being neighborhoods that are upper middleclass or higher, are white and are yuppie.

The Costco I go to is located in an area that has a lower income than the rest of the city of San Diego. As for being where liberals live implies it's liberals who shop at Costco yet my sister and brothers and their families, all republicans, and most of my republican friends shop religiously at Costco. Explain that, glen.

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PostPosted: Fri Jul 22, 2016 3:39 pm 
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The Costco I go to is just blocks from Sam's Club. The one in my old hometown is in a working-class neighborhood. It's the Sam's that's in yuppie-land.

You've chosen a narrative, and you stick to it, no matter how un-factual it is.


Your anecdotal experiences notwithstanding, Glen's assertion that Costco focuses on wealthier customers is correct. Five minutes of Googling would have saved you some embarrassment.

Even a left leaning source like The Daily Beast can acknowledge what Glen said is true...

Quote:
Costco's higher revenues are also a function of their demographic. Costco shoppers have an average income of $85,000--not surprising, because Costco tends to locate itself in affluent suburbs. Walmart shoppers are what the firm calls "value driven shoppers" which is to say, there's not a lot of spare money lying around the house, just waiting for an opportunity to buy a 6-lb wheel of Camembert.


http://www.thedailybeast.com/articles/2012/11/26/why-can-t-walmart-be-more-like-costco.html

Compare that to the average Walmart shopper, who only earns about $53K per year...

Quote:
According to the data, the average Wal-Mart shopper is a white, 50-year-old female with an annual household income of $53,125.


http://www.businessinsider.com/meet-the-average-wal-mart-shopper-2014-9

Note that CBS / CNBC reported in 2014 the average Costco customer makes closer to $100,000...

Quote:
Costco really has the ideal membership base. The average member is college educated, owns a home and earns about $100,000 a year, CNBC reports.


http://www.cbsnews.com/media/12-things-about-costco-that-may-surprise-you/3/

Also, this difference in customer base has been the case for a while, which speaks to the different target markets of the two retailers. Here is an article from 2005 which indicates the average household income of a Costco member was more than $74K back then...

Quote:
Costco was founded with a single store in Seattle in 1983; it now has 457 stores, mostly in the United States, but also in Canada, Britain, South Korea, Taiwan and Japan. Wal-Mart, by contrast, had 642 Sam's Clubs in the United States and abroad as of Jan. 31.Costco's profit rose 22 percent last year, to $882 million, on sales of $47.1 billion. In the United States, its stores average $121 million in sales annually, far more than the $70 million for Sam's Clubs. And the average household income of Costco customers is $74,000 -- with 31 percent earning over $100,000.


http://www.nytimes.com/2005/07/17/business/yourmoney/how-costco-became-the-antiwalmart.html?_r=1



Now go wipe that egg off your face.

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PostPosted: Fri Jul 22, 2016 4:30 pm 
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Sorry, Jessep. You're the one that is too gutless to make your case about anything. You run away like a scared little boy.

On this, you make a rotten case, because you play apples and oranges. Walmart is NOT a competitor with Costco. Costco is a warehouse retailer. Sam's Club, not Costco, is their competition. And let's be clear on something else, too: Costco's best-selling product is toilet paper.

Sam's Club and Costco has a very similar product line. Costco is usually cheaper than Sam's Club, because their business model is always no more than a 15% markup, whereas Sam's Club doesn't have that business model. In most cities these days, Costco is near Sam's Club. That's simply a fact.

But they always kick Sam's Club's ass. Why? First, better employees, because they pay them well and don't treat them like shit like the Waltons do.

I shopped at Costco when I was working in manufacturing. I wasn't making $100,000 a year. Guess what? They let me in! I was able to save money like all the swells! They never once demanded to know how much money I made! As long as I could afford the membership fee and could pay for my products, I was good there! They even let me park my old junk truck I used to drive there!

Okay, I admit the typical Costco customer doesn't look like People of Walmart, but then, neither does a typical Sam's Club customer.

Costcos are located where lots of people can get to them. They aren't in gated communities. In Wichita, KS, Costco is on Kellogg and Webb Road, near a manufacturing plant, and a VERY working-class area. Sam's Club's newest store is on North Rock Road, in a very tony area, where most people can't afford to live.

Costco doesn't even advertise.

So tell me, Jessep, if you do no advertising, how are you targeting a more affluent consumer? I'll tell you how - Costco has a higher demographic because they are better at what they do, and offer more value.

Here's why Costco is crushing Sam's Club.

Costco’s Kirkland brand, which accounts for about 20 percent of the company’s sales, according to Landes, is evidently one of the things customers want. In 2002, Costco started selling a line of Bumble Bee tuna under the Kirkland name that was of better quality than the original Bumble Bee, according to CNNMoney. By using the Kirkland brand to sell quality products at an affordable price, Costco has convinced consumers to trust Kirkland, and Costco by extension.

Costco probably also has better leverage than Sam’s with its suppliers, in part because Costco can always sell its own version of a product if suppliers don’t meet its demands, according to Landes.

“Costco uses their private label very artfully, while Sam’s is not quite there,” said Landes.

Nevertheless, Brewer said on the analyst call that Sam’s is shifting its focus more to signature brands.

Costco also attracts and keeps customers with things like a commitment to low prices — the retailer never marks anything up more than 15 percent — and a relatively happy workforce.

Thanks to these tactics, the company known for its deluge of free samples and its $1.50 hot-dog-and-soda combo doesn’t even have to advertise.


Costco doesn't make more money because of their locations. Costco makes more money because they're simply smarter that Sam's Club.


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PostPosted: Fri Jul 22, 2016 4:33 pm 
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Anyone who prefers a Walton family store to Costco, has issues.

There should not be a single Walton family store anywhere anyway, they are the most anti America family in history.

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PostPosted: Fri Jul 22, 2016 5:32 pm 
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murica has become overly too expensive.
this size population cannot afford to live here.

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PostPosted: Fri Jul 22, 2016 8:55 pm 
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On this, you make a rotten case, because you play apples and oranges. Walmart is NOT a competitor with Costco. Costco is a warehouse retailer. Sam's Club, not Costco, is their competition. And let's be clear on something else, too: Costco's best-selling product is toilet paper.


I think it is hilarious the left has been going on forever about how "Walmart" (not Sam's Club) sucks and how Costco has a better business model. Your first replies in this thread on this subject were about Walmart. But now, you suddenly want to limit the comparison just to Sam's Club. Sam's Club accounts for only about 12% of Walmart's total sales, and only about 7% of Walmart's total operating income, which, at $27 billion for 2015 (pages 20 and 21) dwarfs Costco's operating income of only $3.6 billion (page 23 of the 2015 report). I understand why you want to limit the discussion to Sam's Club...because you know your argument is a loser when comparing the two companies' business models as a whole.

Still, we can limit our discussion to just the two clubs. I'm not sure where you get the idea Costco "always kick(s) Sam's Club's ass." If you compare the percentage of operating income to net sales at both clubs, Sam's does slightly better using the figures linked above. For example, in its 2015 reporting year, Sam's Club's operating income ratio was 3.4% ($1,976 operating income / $58,020 in net sales). Costco's was 3.19% ($3,624 operating income / $113,666 in net sales). It is true that Costco's revenues are twice that of Sam's, but again, Sam's is just a small part of a much larger operation. Additionally, as was previously discussed, the two focus on different target markets.

Which brings me to this...

Quote:
In most cities these days, Costco is near Sam's Club. That's simply a fact.


...and this...

Quote:
Costco doesn't make more money because of their locations. Costco makes more money because they're simply smarter that Sam's Club.


You literally have NO IDEA what you are talking about. That's why I really don't enjoy discussing topics with you. You pull stuff out of your ass and you label it "fact" without any support whatsoever. You remind me of Libertas in that respect.

Regarding your "fact" above, did you happen to notice the map of Costco locations in the article you linked? Did you look at it? Did you try to compare the locations of Sam's Clubs and Costcos? Did you even read the article you linked?

No. You obviously didn't. If you had, you would know they do focus on different markets and they target a different demographic. For example, from the article you linked...

Quote:
Costco, on the other hand, explicitly targets customers with more money, who haven’t been hit quite as hard by the downturn.

<snip>

You’ll notice that the state where the chain has the most stores, California, is also the state with the most high-net-worth individuals, according to a recent report from the research group Wealth-X. That seems to be a pattern: States with more Costcos tend to be relatively wealthier states.


If you want more specifics, per the map in the article, Costco had 120 clubs in California (121 as of today per the company's website). This compares to Sam's Club, which only has 33 stores in California.

Similar discrepancies can be seen in other states. For example, Costco has 30 locations within the state of Washington (centered mostly around Seattle) per the website. Walmart only has 3 stores in the entire state. And while Costco has most of its warehouses in California, Walmart has 83 locations in Texas. Costco only has 27 locations in Texas.

Again, the article YOU LINKED clearly highlights the fact that the two focus on different markets and are targeting customers with different levels of wealth. This is consistent with the information I provided earlier. You can easily verify this for yourself with just a little bit of extra digging. But you never seem to do that. You just spout your asinine talking points like Costco has "better employees" and "they are better at what they do."

Facts don't mean anything to you, GoU, even when they come from your own biased, left-wing sources.

And one more thing...

Quote:
I shopped at Costco when I was working in manufacturing. I wasn't making $100,000 a year. Guess what? They let me in! I was able to save money like all the swells! They never once demanded to know how much money I made! As long as I could afford the membership fee and could pay for my products, I was good there! They even let me park my old junk truck I used to drive there!

<snip>

Costcos are located where lots of people can get to them. They aren't in gated communities. In Wichita, KS, Costco is on Kellogg and Webb Road, near a manufacturing plant, and a VERY working-class area. Sam's Club's newest store is on North Rock Road, in a very tony area, where most people can't afford to live.


Your little anecdotal experiences are meaningless for this conversation.

Again, if you want to know the ACTUAL facts, they are available to you. You just need to stop spouting your talking points and read something other than biased lefty websites like the Huffington Post for a change.

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PostPosted: Sat Jul 23, 2016 6:05 am 
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I know you want to compare Walmart. It's just a dishonest competition, because they aren't competitors. It's like comparing AutoZone to Bed, Bath and Beyond.

Yeah, Sam's Club makes more money, because they have more stores. But Costco makes more money per square foot of space, and that's what counts.

Hey, wait a minute, I thought California was a terrible state, a failed welfare state. That's what you guys always tell us. Now you're saying it's a rich state? You guys need to keep your stories straight.

Yes, I say Costco has a superior business model that Walmart. They have a high salary model, they pay their workers well, yet they still offer steeply discounted merchandise, and they are more profitable than their direct competitor, Sam's Club.

All this is about trying to explain away why Costco can more than double the salaries of their workers yet make more profits. You guys HATE the idea of workers making a living wage, and attack workers who do. You say the only way to give consumers low prices is to keep workers in poverty.

I show you why you don't need to do that, and you think of every damned excuse in the book.

Yet retailers like Winco keeps proving you wrong.


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PostPosted: Sat Jul 23, 2016 9:56 am 
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I know you want to compare Walmart. It's just a dishonest competition, because they aren't competitors.


That's not what Costco says...

Quote:
Competition
Our industry is highly competitive, based on factors such as price, merchandise quality and selection, location and customer service. We compete with warehouse club operations across the U.S. and Mexico (primarily Wal-Mart’s Sam’s Club and BJ’s Wholesale Club), and nearly every major metropolitan area has multiple club operations. In addition, we compete on a worldwide basis with global, national and regional wholesalers and retailers, including supermarkets, supercenters, department and specialty stores, gasoline stations, and internet retailers. Competitors such as Wal-Mart, Target, Kroger, and Amazon.com are among our significant general merchandise retail competitors. We also compete with operators selling a single category or narrow range of merchandise, such as Lowe’s, Home Depot, Office Depot, PetSmart, Staples, Kohl’s, Trader Joe’s, Whole Foods, CVS, Walgreens, and Best Buy.


Page 9 of the 2015 report

Quote:
Yeah, Sam's Club makes more money, because they have more stores.


Wrong on both counts. Both are profitable, and Sam's has a higher operating margin ratio, but Sam's makes less total profit (again, in large part because of the different target markets / demographics). Also, Sam's has fewer stores (647 as of January 31, 2015) than Costco (671 at 12/31/14), not more.

Quote:
Hey, wait a minute, I thought California was a terrible state, a failed welfare state. That's what you guys always tell us. Now you're saying it's a rich state? You guys need to keep your stories straight.


Speaking of California, nearly one third Costco's U.S. net sales are generated in the state...

Quote:
Our financial and operational performance is highly dependent on our U.S. and Canadian operations, which comprised 88% and 85% of net sales and operating income in 2015, respectively. Within the U.S., we are highly dependent on our California operations, which comprised 31% of U.S. net sales in 2015. Our California market, in general, has a larger percentage of higher volume warehouses as compared to our other domestic markets.


Page 11 of the 2015 report

Regardless of what you thought our arguments were, California does have a relatively high median income / income per capita. Costco exploits that as part of its business model and it relies heavily on sales generated in the state. Again, this speaks to what I have been saying all along about Costco and Sam's targeting different markets / demographics (notice what Costco said about the volume in their California stores relative to their volume in other domestic markets). I hope that, by now, you are beginning to understand this point and appreciate it. Of course, even if you do, you still won't stop spouting your silly talking points about how it is Costco's higher paid employees who make all the difference.

Quote:
You guys HATE the idea of workers making a living wage, and attack workers who do. You say the only way to give consumers low prices is to keep workers in poverty.

I show you why you don't need to do that, and you think of every damned excuse in the book.

Yet retailers like Winco keeps proving you wrong.


You should be thankful there are a handful of retailers out there you can point to which operate under your preferred higher-wage model. Of course, you're ignoring the countless successful businesses which operate under a model you dislike and which vastly outnumber your handful of examples, but whatever...

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PostPosted: Sat Jul 23, 2016 10:26 am 
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That's not what Costco says...



Page 9 of the 2015 report



Wrong on both counts. Both are profitable, and Sam's has a higher operating margin ratio, but Sam's makes less total profit (again, in large part because of the different target markets / demographics). Also, Sam's has fewer stores (647 as of January 31, 2015) than Costco (671 at 12/31/14), not more.



Speaking of California, nearly one third Costco's U.S. net sales are generated in the state...



Page 11 of the 2015 report

Regardless of what you thought our arguments were, California does have a relatively high median income / income per capita. Costco exploits that as part of its business model and it relies heavily on sales generated in the state. Again, this speaks to what I have been saying all along about Costco and Sam's targeting different markets / demographics (notice what Costco said about the volume in their California stores relative to their volume in other domestic markets). I hope that, by now, you are beginning to understand this point and appreciate it. Of course, even if you do, you still won't stop spouting your silly talking points about how it is Costco's higher paid employees who make all the difference.



You should be thankful there are a handful of retailers out there you can point to which operate under your preferred higher-wage model. Of course, you're ignoring the countless successful businesses which operate under a model you dislike and which vastly outnumber your handful of examples, but whatever...

Another fallacious argument - appeal to majority. Just because the majority of businesses take the low-wage road, doesn't mean that model is superior. You fail again.

You get what you pay for, and it's same with wages. If the workers aren't starving and living on the street, they'll probably be better employees, and give better service.


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PostPosted: Sat Jul 23, 2016 5:55 pm 
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Last time I went into Walmart they rang a few items in twice. We called them on it and they said we had to stand in the customer service lineup to get a refund. Utter garbage.

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PostPosted: Sat Jul 23, 2016 6:09 pm 
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Number of Sam's Clubs (United States and Puerto Rico): 653 From Sam's Club Website.

Number of Costcos (United States and Puerto Rico: 494 from Costco Website.

Wipe that egg off your face. We're not talking about worldwide. Sure, because Costco has a better business model, they are able to go outside of the US.

And Costco, with fewer stores, have higher sales. We're not surprised. The high-wage model is an excellent one.


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PostPosted: Sat Jul 23, 2016 6:10 pm 
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Last time I went into Walmart they rang a few items in twice. We called them on it and they said we had to stand in the customer service lineup to get a refund. Utter garbage.

It's because Walmart holds it's customers in contempt, as well as their employees.


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PostPosted: Sat Jul 23, 2016 9:22 pm 
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Number of Sam's Clubs (United States and Puerto Rico): 653 From Sam's Club Website.

Number of Costcos (United States and Puerto Rico: 494 from Costco Website.

Wipe that egg off your face. We're not talking about worldwide. Sure, because Costco has a better business model, they are able to go outside of the US.

And Costco, with fewer stores, have higher sales. We're not surprised. The high-wage model is an excellent one.
Bummer. No Sam's Club within 100 miles. Should I pout now? :rw)

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PostPosted: Sat Jul 23, 2016 9:49 pm 
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Last time I went into Walmart they rang a few items in twice. We called them on it and they said we had to stand in the customer service lineup to get a refund. Utter garbage.

I used to work at K-Mart, decades ago, and when something was rung up wrong we'd call for one of the assistant managers to void that mis-ring. It took a few minutes but the customer didn't have to go to the service desk for a refund. Lately, I've seen in some stores the cashiers can do that themselves by entering a code which would deduct the duplicate price automatically on both the customer's receipt and the register's receipt. Why Walmart's system couldn't do that it beyond me.

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PostPosted: Sun Jul 24, 2016 12:21 am 
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I used to work at K-Mart, decades ago, and when something was rung up wrong we'd call for one of the assistant managers to void that mis-ring. It took a few minutes but the customer didn't have to go to the service desk for a refund. Lately, I've seen in some stores the cashiers can do that themselves by entering a code which would deduct the duplicate price automatically on both the customer's receipt and the register's receipt. Why Walmart's system couldn't do that it beyond me.



Yep it was total horseshit. She made a mistake, that's fine. That happens. But they should have the ability to correct it right there, or call someone. Being sent off then waiting in the customer service line is terrible service on their mistake. I suppose I could have filed a complaint and gotten a free gift certificate. But that's not the point.

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PostPosted: Sun Jul 24, 2016 4:35 pm 
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For those who believe the best thing it is possible to do is to pay people as low as possible without benefits, BILLIONAIRE Nick Hanauer explains why this is wrong in his Ted Talk Rich People Don't Create Jobs:
www.youtube.com Video from : www.youtube.com


www.youtube.com Video from : www.youtube.com

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PostPosted: Mon Jul 25, 2016 3:42 pm 
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I won't shop at Walmart. You get what you pay for, and most everything at Walmart is crap. Plus, I hear they don't even care if they keep their shelves stocked. They hold the customer in contempt. I'd rather go somewhere where I'm respected.

Here we go with scouts I hate walmart I love walmart stick.

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PostPosted: Fri Jul 29, 2016 8:26 pm 
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Joined: Wed Jun 08, 2011 6:48 pm
Posts: 17520
The Costco I go to is just blocks from Sam's Club. The one in my old hometown is in a working-class neighborhood. It's the Sam's that's in yuppie-land.

You've chosen a narrative, and you stick to it, no matter how un-factual it is.


Once again yes there are Sam's near Costco's. But, there are also many Sam's and Walmarts for that matter in areas where you will never see a Costco or Target. Sam's and Costco go after a different customer base.

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