Sam’s Club Takes On Costco For Market Dominance
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День томуThe U.S. warehouse club industry, which includes Costco, Sam’s Club and B.J.’s Wholesale is valued at more than $320 billion, according to an estimate by ResearchAndMarkets.com. The format is simple. Members pay a fee to shop. In return, they get access to low-priced goods and services in a warehouse setting. With over 65 million paying members, Costco controls the lion’s share of the market. But Walmart-owned Sam’s Club is tweaking the formula, betting that investments in robotics and technology can help them better engage with budget-conscious shoppers and take on its competitors. Walmart CEO Doug McMillon called Sam’s Club an “innovation engine for the company” during an August 2021 earnings call. So how do warehouse clubs like Sam’s get members to pay to shop? And what impact will new technology have on the future of the retail chain and its rivalry with Costco?
Chapters:
00:00 - Introduction
01:49 - History
06:13 - Inventory robots
09:06 - Private-label brands
Produced by: Shawn Baldwin
Edited by: Darren Geeter
Graphics: Jason Reginato
Supervising Producer: Jeniece Pettitt
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Sam’s Club Takes On Costco For Market Dominance
@jcastro7849 Рік тому
This felt more like an ad for Sam’s Club.
@squeektheweek6949 Рік тому
Exactly what I thought
@thaileo102 Рік тому
Yeah, they announced that sponsor by Sam Club at 12:25 so keep on watching 😉
@camilleeonich Рік тому
That's what I'm thinking as well.
@cosmiccivic2124 Рік тому
tbh im honostly rethinking my membership in sams taking all this info into hand
@youngtechg Рік тому
That’s because it is
@explorewithme4707 Рік тому
I work at Costco. Sam’s can copy all they want. But their employees will never match Costco’s. Purely cause of pay helps attract better employees.
@antimatter7629 Рік тому
@D1008W same except from my direction it's also 20 min off the interstate
@RockyC89 Рік тому
Any chance scan and go will come to Costco?
@johniii8147 Рік тому
@@RockyC89 Not likely. It's not their model. They want you to spend as much time in the store as possible.
@Bat_Boy Рік тому
I worked for Walmart for about 7 days. NEVER again. Toxic work environment. Costco > Walmart.
@mikez4204 Рік тому
@@johniii8147 Very true; I'd also argue they don't want you to see your total go up as you shop either.
@SushiParty Рік тому
I would pick a Costco over the rest but I have to admit that Costco needs to revamp their online site and shopping experience. However, when it comes to quality of products and customer service, I doubt a company owned my Walmart can compete.
@MrMarcodarko Рік тому
agree. Their online presence is horrible
@axxxonn Рік тому
The Costco is Newport News VA I believe is testing scan and go shopping as well.
@benben6054 Рік тому
There are a few videos explaining how you are only saving about 14$ and because of the portions most ppl toss half of everything they buy out it’s crazy I shop both Sam’s and Costco I only buy my meat and veggies from Costco but the rest is the same as Sam’s club
@yungactivist Рік тому
Costco need curbside pick
@rscott2247 11 місяців тому
I don't see any Sam' s Club north of the border. I do shop at both Costco & Walmart. I find Costco way more user friendly and way less screw ups. Costco also offers a discounted fueling & liquor service. I'll keep paying the $60 Costco membership fee because of the various benefits & savings !
@rachel-po5rm Рік тому
I work at Walmart. If there was a Costco closer to me I would switch in a heartbeat.
@xevious2501 Рік тому
Costco caters to higher quality products but at a price. Sams being connected to walmart sources from the same lower value product, not for all items but indeed for most.
@mlong9475 Рік тому
If you worked in Northern NJ, Bergen County. They opened a Walmart & a Costco right next to each other next to the Teterboro airport.
@deestupi Рік тому
I adore Costco because they hire great people and know how to keep them. On top of that they have great products
@DR19346 Рік тому
sams club's customer service is just as horrible as Walmarts.
@johniii8147 Рік тому
@@DR19346 Walmart has never been about customer service.
@drawingnya7154 Рік тому
I worked at the Sams club in Alpharetta ,Ga and terrible managers there. They do not know how to communicate at all and yell at you after you do something you did not know anything about.
@whynot23 Рік тому
But u didn't go to costco for their customer service.... U go over there for their price
@johniii8147 Рік тому
@@whynot23 That's not really true for me. It's definitely about the service, selection and employees. Price isn't a big deal usually if it's reasonable for a high quality product.. I mostly go for the high quality meats wine sometimes and cheeses. I’m not out shopping for 100 rolls of toilet paper
@sammo505 Рік тому
I always sway towards Costco. I’d rather pay money to a company that treats its employees well. It’s like the difference between target and Walmart.
@johniii8147 Рік тому
@clot shots You always have to take those ratings with a grain of salt. Employees ( or customers) are a LOT more likely to take to ratings to vent.
@johniii8147 Рік тому
@clot shots That's not what I was saying. The point was is unhappy employees ( or customers) are a lot more likely to take to the sites to rate and vent. And the difference between a 3.4 vs 3.5 rating is immaterial.
@DROIDFARM Рік тому
I hear you but they do need to chill out at the door man. Don't yell at me because I am not a member. How about make it so I can just look without buying and being yelled at (because I did not have a membership).
@johniii8147 Рік тому
@@DROIDFARM Just not how it works at Costco. You need a membership period. The "yelling" probably comes from your own attitude. It's a well know and long established policy. You don't get to window shop without a membership.
@khoirulanam9141 4 місяці тому
me too, seeing Walmart employees treated, tired and underpaid while shopping is enough to make me depressed LOL
@zrumble Рік тому
Sams is NO Costco. Costco is the GOLD standard of items and customer service.
@IllIlIIllIlIIIll Рік тому
It all comes from the same place lol Even the employees. You act like they not from the same city as the Sam's club employees 😂 consumers...
@leotide1990 Рік тому
@@IllIlIIllIlIIIll Absolutely not. Few Sam's Club employees are happy with their company. Most Costco employees are. Stats and online sites such as Glassdoor have made that clear for quite some time
@seadragon1456 Рік тому
Each place offers its own special items. Costco brand is usually name brand repackaged. Their diapers are Huggies and their laundry soap is actually Persil. Sams brand diapers are pampers and their laundry soap is tide and gain. Costco where I live is just a store with a fueling station. Sams where I live has a fuel station and car wash that is free to those with platinum status. Both offer bulk products. Both sell organic and name brand crap. Both have toys, books, alcohol, and seasonal items. Idk. I can go into either one and find what I’m looking for.
@zrumble Рік тому
@@IllIlIIllIlIIIll Negative Ghost Ryder it all comes down to SMART business management practices. You can tell the difference in attitude in employees versus Sam’s Club members. The new innovative products Costco distributes is head and shoulders over Sam’s Club. The commentary in the video even said so…
@zrumble Рік тому
Obviously, this is a Sam’s comparison commercial here we have HR all through the comments….☝️☝️☝️😂😂😂
@GeographyStuff420 Рік тому
This video was quite biased towards Sam's club. They basically interviewed them
@TheTechSupportGuy Рік тому
It’s literally sponsored by them. It says so in the video. This is an advertisement disguised as investigative journalism, and you didn’t catch the part where it literally says in the video that sams club paid cnbc.
@NazriB Рік тому
Lies again? Cold Storage Bang Bros
@Native722 Рік тому
Costco refused
@lukasloh2509 Рік тому
It is about Sam’s club challenging Costco and what they are doing to get a share of Costco’s lion share in this industry. There’s a video also posted years ago by this channel about Costco winning this category. And why no one can beat them
@jicalzad Рік тому
i like how Sam's Club has the Pay n Go, option, bypassing the checkout. Other than that, Costco seems to have higher quality products on average, better customer services, & bigger parking spaces.
@azurill127 Рік тому
Sams also has curbside which Costco lacks.
@johniii8147 Рік тому
@@azurill127 Costco doesn't really want that business. They want you to spend as much time in the store as possible and works for them.
@azurill127 Рік тому
@@johniii8147 definitely not ideal for all which is unfortunate. Makes Costco extremely congested at all times. Especially weekends. I have both memberships and I do lean towards sams. I keep my Costco membership for their water, clothing, diapers, and some of their premade foods. Oh and squishmallows.
@raymondh1052 Рік тому
Pay N Go is my favorite thing about Sams.
@saulgoodman2018 Рік тому
Can you use coupons with that?
@JJNickel1 Рік тому
I work at a third party warehouse that has only three customers. Sams Club, Costco, and BJ’s. We can send ANYTHING to Sams club no matter how damaged or crappy the product. Costco is absolutely meticulous and requires perfect product when we pick and ship their orders.
@el-hp1lj 5 місяців тому
yep I work at the Costco depot in NJ. If the plastic wrap on a pallet is ripped they will refuse the entire load and send the truck back out. Ive seen many unhappy truckers ( not there fault) Costco is strict with what material is coming into the system
@bratwurstbratbeauftragterb220 5 місяців тому
Is there a discount for the damage ?
@FINSuojeluskunta 4 місяці тому
The one thing I dislike about Sam's is the produce. It's often bad quality at every one I visit. Hardy stuff like carrots are fine, the berries and greens are rarely good.
@davelavigne2133 Рік тому
12 minute ad for Sam’s club. Ask any employee of either company and you’ll get a vastly different view of how that company operates.
@leotide1990 Рік тому
And customer. Never hear of anyone happy with their experience going to Sam's, they always say it's just as bad as having to deal with Walmart. But I hear (and experience myself) nothing but good with Costco
@davelavigne2133 Рік тому
@@leotide1990 I agree. Costco employees are more intelligent and helpful and have usually been there for years. Come to think of it, maybe that’s why Sam’s is focusing on robots, and automated checkout because the customer experience is so bad.
@sarahschreffler5407 Рік тому
@@leotide1990 I enjoy going to my Sam's Club. I was a Costco member for over 12 years but when we moved to our current location, the Costco was crowded and stressed to go to. The Sam's Club was more convenient so I tried it out instead and found that they sold the items I was interested in, at a comparable price and I lost nothing but the stress moving from Costco to Sam's. NOW I can even use the app to scan as I go and know exactly what my bill is going to be, plus make checkout a breeze.
@alanbi470 Рік тому
@@leotide1990 I absolutely agree. The portrayal shown in this video of Sam's Club isn't all that accurate with the sentiments of their shoppers
@ramk2443 Рік тому
Costco own label items are actually pretty great quality but it's stores are very few in number
@camilleeonich Рік тому
Closest one to me is 50 minutes.
@albear972 Рік тому
Kirkland stuff all the way baby! Even jeans that are Kirkland are of better quality than Levi's. I don't give a crap if someone notices the Kirkland label.
@user-jy7yw5kw3w Рік тому
I’ve never seen a Sams Club so they seem the fewest to me. Just Costco and BJs around here, so it depends where you live. There’s a Costco 15 minutes to the north of me and also around 20 mins to the south of me, but I go with BJs since that’s only 5 minutes away. Costco is the best overall though, gold standard of wholesale clubs.
@ilovegoodsax 15 днів тому
There are three Costco's within a five-mile radius of my house. There's also one Sam's Club about three miles away.😄
@xandralinest89 Рік тому
I am a member of both Sam's and Costco. I think they both have nice offerings, the advantage of Sam's is that it's like half as crowded as Costco. I do love Costco though, it's just always packed. I actually think Sam's employees are just as nice and helpful as Costco employees, they are definitely not your standard Walmart employee they seem happier and are very polite.
@bobbyomari5500 Рік тому
As a member of both clubs, I find that Sam’s has excelled in their technology. Their entire shopping experience can be pretty frictionless and is significantly better than Costco’s. I think this is the biggest differentiator between both for me. However, Costco tends to have a lot more options and their Kirkland brand is usually pretty solid. I’ve noticed sams is a bit cheaper for some goods too. Still enjoy going to both.
@stevecooper7883 Рік тому
I just go to whatever is closer to where I live 😅
@mtunofun1 Рік тому
yep. i love that you can scan your items on the app and pay from the app!
@stefanm.1214 Рік тому
@@mtunofun1 So they don‘t need to pay a cashier. Always remember your convenience comes at a price for somebody else.
@mtunofun1 Рік тому
@@stefanm.1214 I understand completely. But my time is also worth something.
@MrGoalie2012 11 місяців тому
@@stefanm.1214 im not standing in line behind someone with 2 full carts while i have like 4 items. self checkouts and app paying hurts noone
@carolyncusack9377 Рік тому
Costco all the way for my family.
@IllIlIIllIlIIIll Рік тому
Sounds like a group of happy consumers. 😊
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@TAELSDOLL Рік тому
you know a corporation is evil when every top level employee talks like an ad
@chung3586 Рік тому
Costco is Costco, no one can replace Costco stunning shopping experience.
@08ak11 Рік тому
Walmart is known for cheap products and bad customer service. Costco is known for great products, great customer service, and good prices. I see no reason I would ever give sams club a try, unless they totally broke from Walmart.
@stevenjuan259 Рік тому
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@ThejOH007 Рік тому
I have a Sam’s club membership and it’s the Walmart of warehouse stores. My sister has a costco membership and we don’t have one near me so I went with her one time and it was the most amazing experience. Those that go to Sam’s club, go there because there isn’t a costco around. Lol
@AvengedKyle Рік тому
The scan and go, or whatever it is called, is such a convenient thing. Skip the super long lines, and just walk out. To me that alone makes it worth it.
@TaijiArban Рік тому
especially with people’s carts being filled to the brim whereas I am just there for milk and eggs lol
@TheRabidPosum Рік тому
I work at Sam's I never worked at Costco so I can't compare from an employee standpoint. One of the main differences is Costco workers are Teamsters, a great union. We don't have a union at all. I'm working hard to change that at my club, I'm the leader of our organizing campaign.
@jeffc1347 Рік тому
Mobil checkout is the game changer at Sam's Club. No waiting in lines, whereas every Costco is always slammed. Also I hated going to Wal Mart before self checkout, but now that they have so many self checkout stations I shop pretty much exlusively at Wal Mart if Sam's doesn't have what I need. I have tried curbside pickup a few times and it was a horrible experience each time, which just goes to show as long as you don't have to be dependent on any kind of service, Walmart is great. Personally I have no desire or need to ever talk deal with or talk to any employee while shopping so Sam's/Walmart works well for me.
@thechad6218 Рік тому
Sams is winning at this point. Lower prices, better apps like scan and go, etc.
@tritc0420 Рік тому
I worked for Sam’s Club, and it is not up to par with Costco in many areas, especially member service. They pay so low, and they run the club with as few associate as possible.
@monito24ful Рік тому
u said it ...always a lot of work not enough workers ...also some members be mad as hell when the item their looking for is out or has been discontinued and take it out on u
@shavonblue2185 Рік тому
I will always stay a Costco member Costco have better organic food. Costco have better home appliances. Costco dont have to change anything they just need to expand more stores in Texas
@danilitohernandez311 Рік тому
i love costco in store shopping, but sams club online experience is even better. The free shipping on everything being sent right to my door is top tier, as someone that buys items by the pallets, sams club makes online shopping wholesale wise SUPER EASY
@lralou8 Рік тому
Agree. And they ship anything for free. Last year they shipped a trampoline to my house for free.
@danilitohernandez311 Рік тому
@@lralou8 I don’t doubt it. I get all of my business supplies and other things shipped for free. Even though you don’t get the 2% as a Plus member when you shop online, when you use their credit card you still get 3% so it evens out. And the 2% will probably be lost in profit if I sent our trucks to Sam’s Club to pick up merchandise.
@Emation7 Рік тому
This is where Costco is lacking. I think Costco deliberately handicaps the online experience to keep shoppers in the physical stores. Especially with the higher product prices on the Costco website.
@JazzyJae88 Рік тому
I frequently order my dog food that way. It’s usually to my door in 1-2 days. The scan n go is a big time saver for me. Even when getting gas. Scan the gas barcode and a couple clicks on your phone and you’re good to go.
@danilitohernandez311 Рік тому
@@Emation7 I believe it’s because of the lack of distribution center that Costco doesn’t have is the reason why they don’t push the costco online experience more. Costco mobile looks like a mobile app from the 2015’s, super outdated, hard to scroll by etc. But I can see why they do that, they probably barely break even or even in some instance lose money when they have stuff out for shipping. I’m sure their cost of the merchandise, their sellers include the shipping already, so if their cost is the same as if they were to have it delivered to their warehouse vs them making the deliveries I can see how it can cut on their margins a lot. VS Sams club that have a bunch of shipping facilities, walmarts everywhere etc i can be way more feasible for Sam’s Club to dominate the online space
@JazzyJae88 Рік тому
I’m a Sam’s Club girl. Not as busy as Costco. I’m a plus member. It works for me getting free shipping (not sure if Costco has an equivalent) in a day or two. I earn cash back at Sam’s (not sure if Costco does). In my area gas is cheaper at Sam’s than Costco.
@luv2sail66 Рік тому
We bailed on Sam’s Club in favor of Costco a few years ago and never looked back. We’ve found the quality of products at Costco better than that offered at Sam’s Club.
@iii898iii Рік тому
I support costco because of how they treat their Workers.
@nathanr5825 Рік тому
Having worked for Sams Club (AKA Walmart) I will never give them a dime of my money. Treat their employees terrible, pay them low wages...... No thanks
@Mitaka-Asa Рік тому
I don't care how much they praise Sam's Club, Costco's staff is what makes everyone happy. Yet Sam's club plans to replace them with robots.
@fourthdeconstruction Рік тому
As a Costco member, I'm not buying cleaning aisle inventory robots. So I don't see why I should switch from Costco to Sam's. True technology helps cut operation cost down but that's their concern as savings don't go directly to the clients.
@mrmuffer69 Рік тому
BJ's has the spying robot, one is a floor cleaning machine, that has a sign on it, "do not use to clean floors", they also have a new spying robot coming out, under the lie of cleaning etc.
@unfavorablesemi1583 4 місяці тому
Team Sam’s Club. Their comeback was really good 🙌🏼
@jimv77 Рік тому
Who else only at Sam's Club because they are the only one that passes out almost free memberships (Groupon, Free after Gift card promotion, etc)?
@IllIlIIllIlIIIll Рік тому
Free cheese with a mouse trap. Go get you some.
@mathgasm8484 Рік тому
I have a Sams employee card due to family working for them. Then they can use my HEB employee card.
@stanyoung3671 Рік тому
And also credit card rewards for renewing at Sams club
@JazzyJae88 Рік тому
I love the scan n go feature. I love my free (and timely) shipping. My curbside pick up is slow, but it’s like that everywhere in my area, lack of staffing I imagine in every retail store. I spend so much that my plus membership pays for itself the following year. So all the perks and not really paying to get all the perks.
@quikesteve Рік тому
I always had Costco card, but when we moved 2 years ago we only had a Sam's closed by so we shoped there, until last november a new Costco opened on the other side of the street from Sam's. We did a few months of shopping at both and poor Sam's has nothing on Costco, other than Pay and Go which is very useful. We will let our Sam's membership expire in April and just keep Costco. Sorry Sam's you need to do better with the quality of Member's Mark since Kirkland is not much more expensive but quality is at a whole other level, and customer service, we had to do a few returns on both, aveerage time for Costco about 5 to 10 min depending on the line and over 30min at Sam's every time.
@mathew00 Рік тому
I don't even have to step in the Sam's Club store for my membership the pay for itself. All I have to do is buy gas there. In the past I also bought the Sam's Club brand split King adjustable base and saved between $2,000 and $3,000 compared to local stores. 10 year warranty. ❤ Sams
@jeffc1347 Рік тому
Also if you order contact lenses online they are less than half the price of retail which pays for itself as well. I have vision insurance through my employer so the eye exam is free, and order the contacts from Sams Club.
@homarjrmartinez8226 Рік тому
I like using the Scan an Go option. I’ve been using it for years! I also like the Scan for Gas Pump, I’ve been using it since it was released.
@evanmurphey 4 місяці тому
Been going to Sam’s club for years now, happy to say it’s going to stay that way
@meep2253 Рік тому
I had Costco a few years but switched to Sams and I love it 😊 Pick whatever works best for you everyone has a different opinion 😅
@luxchromatix7687 Рік тому
If you're for Employees' Fair Wages + Benefits then it's Always Costco + Never Sam's Club (Walmart).
@trentpettit6336 Рік тому
BJ's was originally started by the ZAYRE discount department store chain (eventually Zayre sold their department stores to the AMES chain) and the TJ MAXX chain was also created by Zayre! Also, there once was a wholesale club chain called PACE MEMBERSHIP WAREHOUSE which was started by KMART, but that didn't last long, and most of their stores were sold to Sam's Club in 1993! Yes, KMART once sold a failing division to WALMART! There were many locations where Kmart and PACE stores were next door to one another, so it was a bit strange seeing KMART stores with Sam's Club stores next door (after the failure of PACE) since Sam's Club was owned by Walmart, and usually Sam's Club stores are next to Walmart Supercenter stores!
@hightide1500 Рік тому
Sam's club scan and go ❤
@mecr19 Рік тому
Sams club all the way. It’s cheaper, have better/known brands, there is less people, everything is organized with signs guiding you to what you’re there to buy, cheap gas and the scan n go app that not only lets you skip the lines but actually lets you know how much you’re spending in real time so no surprises at check out.
@MH-nt5me Рік тому
The thing that Walmart & Sam's doesn't understand is that Costco treats and pays their employees better. And many consumers, including myself, would prefer to support companies like that.
@Earth1218 4 місяці тому
Absolutely.
@dcfog81 Рік тому
I live in the southwest part of the Las Vegas Valley, and I have a Sam's Club membership mostly out of convenience. The closest Costco is farther from where I live than the 2nd closest Sam's Club. Also, the Sam's Club Plus membership still allows early hours. Way more convenient when you're trying to shop in the morning before the heat ramps up on summer days. I heard Costco no longer allows early hours for Executive members.
@MrAdriel973 Рік тому
Sams club scan and go is the best reason to go to sams club.
@beatriceroosmark9796 Рік тому
Costco for the win! Better options, more organic food and Kirkland is on point! Just need scan and go 👀
@rayfoster7989 Рік тому
I really like the scan and go at our Sam's Club fuel pumps.
@currentresident7760 Рік тому
I've been working at a body shop for a bit now and extra tips I learned was if you're painting the door, it's better to take off the mirror and belt molding (the trim at the bottom of the window) for a better paint job in the end. The mirror can get in the way, and if you're unlucky, the clear coat could stick in that gap between the door and the belt molding.
@anaroman1499 Рік тому
Just because Walmart owns Sams Club, I will stick with Costco.
@asheharris6642 Рік тому
I'd love to have access to a Costco, but Sam's was our closest option so I went with them. Discovered a BJs just as close as Sam's, so when our membership runs out I'll consider trying them. Everyone of these are over an hour away from me, so gotta do what works.
@kvall4088 6 місяців тому
Product at Costco is better but I HATE the crowds and the fact that I have to wait until 10 AM to shop at Costco. The PLUS membership at Sam’s allows we to shop as early as 7 AM and avoid crowds, so I’ll sacrifice a little bit of product preference for a better shopping experience.
@Hschlick84 Рік тому
Sam's needs to carry higher quality products for upper income levels. Costco needs to open more locations in rural areas and carry stuff they don't have that Sam's does.
@IllIlIIllIlIIIll Рік тому
Costco and Sam's club shoppers need to learn they can order products directly from manufacturers at a fraction of the cost and get it mailed to your front door. Why anyone would pay a middle man for the "connection" is just ludacris.
@prabeshdahal1939 Рік тому
@@IllIlIIllIlIIIll examples? Which manufactures allow consumers to order directly from them for cheaper price?
@johniii8147 Рік тому
Sams and Walmart in general are not targeted to upper incomes. Quite the opposite. They know their customer base, just as Costco does so that's why they split the market.
@IllIlIIllIlIIIll Рік тому
@@prabeshdahal1939 ALL OF THEM.
@taoin5560 Рік тому
I shop at both, for the most part sams club is cheaper. The robots in the sams are usually better then the people who do the cleaning, they will often clean right up to you even if they are pushing dirt and dust, where as the robots won’t. Scan and go is ok, but the app is off and on very buggy. I often go in the line since almost no one goes there now preferring to scan themselves, so it’s usually faster to let them do it, but I only go every 2.5 weeks. Costco I will only go once a month, usually when the in-store buys are going at the same time as member savings, then I will stock up on things I need that our on sale. Overall Costco has better variety while Sams club is cheaper.
@Novilicious Рік тому
I have both memberships and let me tell you Costco bests Sam’s 10 to 1. No contest there
@ScratchNSniffMyBut Рік тому
There's a Costco about 4 minutes from me, next one is about 15 minutes. Almost every city near me has one. I've never seen a Sam's Club anywhere
@cyeh4054 Рік тому
Coming from a former sam's employee, I give them the effort in advancing technology, but they are still no match to Costco in terms of product quality and customer service. Besides, they still can't lose their Walmart DNA which is treating employees like crap.
@IamSnowbird Рік тому
I remember years ago there was a wholesale club called Makro. It could have been local to the Philly area.
@feliciafelicia6965 Рік тому
This is my theory, based off of my experience moving across this country. Costco only builds in areas with high income and high educational attainment. Sam's builds wherever their target demographic is. Costco is making their target audience, hence the loyalty. Sam's will take whatever they can get.
@Deepthoughts12 Рік тому
Damn they just left bjs out the conversation 😂😂
@JazzyJae88 Рік тому
😂😂😂
@Mistermeeceeks Рік тому
I work at Costco and we have 850 stores world wide.
@redskins5926 Рік тому
Tech is certainly a big weakness for Costco. Their app isn’t easy to use nor works smoothly compared with apps for Amazon, Target and Walmart.
@Truth-of-the-matter 9 місяців тому
They both offer relatively good deals regarding bulk purchases and as someone who has shopped at both Sam's Club does have a better app and website experience. That being said I am grateful that Costco treats its workers well and has store hours to accommodate a life outside of work.
@sir1junior Рік тому
The tech that's going into Sam's and Walmart is amazing.
@hlurpseed Рік тому
Sam’s has fewer products and cheaper, less healthy options. All the apps, robots, gadgets and new clubs can’t make up for poor project manager buying decisions. For that matter, Costco’s number of SKUs have dropped also. Nothing like fewer choices at higher prices.
@mcb8922 Рік тому
Costco seems so much better than Sam's. Honestly it is usually much cleaner and the employees seem happier. Will stay shopping at Costco
@wilogonzalez 5 місяців тому
the scan and go is a game changer for me, i went to a costco and the line was crazy. i can go to sams get the same items i always get and be out of there in less than 10 mins!!!!
@michaelchan2568 Рік тому
2:52 That vintage shot of the price for a gallon of gas $1.51 9/10 OMG that was long ago. But the [subsidized] prices of those roast chickens and hot dogs have not changed one bit (fortunately)!
@thanyalakbandatang-lh7cz Рік тому
I have been buying some stocks since the beginning of the year, but nothing substantial. Why am I treating this poorly? However, people in the same profession are earning six figures on articles, which inspires me to aim toward becoming the first person in my polygamous family to hit the million dollar mark. I am perfectly aware that working harder to gain more money is expensive.
@benardpatrick9482 Рік тому
The market has taught me that it always bounces back, but I can't seem to concentrate in the long term when important issues like my retirement and my reserve are destabilizing inflation. I must have a strong data trajectory and a quick answer.
@jerrysadventure7423 Рік тому
Lower SKUs also means less hassle in inventory management for Costco, but still would like to see Costco up their games on Apps and delivery
@anthonymarquez6493 Рік тому
Costco is far superior. Been to Sam's club and it felt no different than walmart it was dirty and the employees looked miserable compared to Costco.
@lovatojonasfan1 6 місяців тому
My family has shopped at the same Sam’s Club location for around 20 years. The amount of change I have seen in the store is astounding.
@dsimpson530 Рік тому
If you want a price club experience check out Costco business centers (only in select markets). They are open to all Costco members. Where else can you buy a full refrigerated lamb or an oil drum full of olive oil and a professional refrigerator. Remember when Costco sold tobacco products in a caged area, business centers have this section.
@mlong9475 Рік тому
I have only a Costco and BJ's near me. I've had memberships for both, but I only shop at BJ's these days cuz the lines for Costco were always too long and find a a parking space in a Costco lot was always a hassle. Both have a good selection of almost the same things except for Costco having more prepared foods and a food court with Pizza, Hotdogs, etc.....
@voicemaestro Рік тому
Nobody goes to Costco anymore. It's too popular. /s
@SSD5430 4 місяці тому
Bjs prices are way higher than Costco
@johniii8147 Рік тому
How much to Walmart pay for this?
@Bat_Boy Рік тому
Do I really need a 2 gallon jar of pickles? Yes. Yes, I do. 😜
@gr8latino 4 місяці тому
I have memberships to both Costco and SC. Costco is always a planned trip because of how packed it gets. SC I can go to just like a regular grocery store. I’m in and out and that’s 110% due to their Scan and Go option in their app to pay for everything thru the app and avoid the lines.
@alphaomega1351 8 місяців тому
That robot 🤖 at Costco assaulted me! 😶
@amosjsoma Рік тому
We were Sam's Club members until one day while shopping my wife spotted an item that she said was cheaper at the local Walmart store. That ended our adventure in paying to shop.
@Stickfigure414 Рік тому
Sam's Club feels cheap. One simple thing that says a lot is when you buy a pizza at either store's food courts. Costco's is significantly better than Sam's. Costco manages to provide quantity and quality.
@renin5570 Рік тому
Quality at Sam's club is poor. Most of the Food is just junk food
@mechmodguy Рік тому
Costco pizza is the last hope for humanity
@junesilvermanb2979 Рік тому
Costco Wholesale Corporation (doing business as Costco Wholesale and also known simply as Costco) is an American multinational corporation which operates a chain of membership-only big-box retail stores (warehouse club). As of 2022, Costco is the fifth largest retailer in the world, and is the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine as of 2016. Costco is ranked #11 on the Fortune 500 rankings of the largest United States corporations by total revenue. Costco's worldwide headquarters are in Issaquah, Washington, an eastern suburb of Seattle, although its Kirkland Signature house label bears the name of its former location in Kirkland. The company opened its first warehouse (the chain's term for its retail outlets) in Seattle in 1983. Through mergers, however, Costco's corporate history dates back to 1976, when its former competitor Price Club was founded in San Diego, California. As of February 2023, Costco has 848 warehouses worldwide: 584 in the United States, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 18 in Korea, 14 in Taiwan, 14 in Australia, four in Spain, two each in France and China, and one each in Iceland, New Zealand and Sweden.
@hmw1341 6 місяців тому
I love Sam’s! I eat very healthy and left Costco last year alone for the produce. Sam’s is MUCH fresher and has MORE organic food overall from brands I love and know.
@JD-lt7uv Рік тому
Costco treats their employees FAR BETTER than the Walmart leeches ever will. I'm forever loyal to Costco as long as they keep that up. It's about treating people right.
@ahunt1054 Рік тому
Sam's club self check out process is much better than Costco's. They give me the price gun so I don't have to remove all my items out of my cart and then put them back in. More efficient.
@americanpaisareturns9051 Рік тому
I just joined Costco not to long ago and boy do I regret not doing it sooner.
@mrdma6262 Рік тому
Sams club closed most of their Alaskan locations, all the Costcos are still here. Go $COST!
@wnytrashtrucks Рік тому
I am glad they are suppose to be building a Costco near me. Even though I don't even shop at Sam's. Just an investor in Costco,
@user-vm1su6yl5z 4 місяці тому
The Scan & Go option with Sams is the best! I wish Costco would implement that.
@unbr3akable688 Рік тому
I remember going to costo with my mom and getting to eat all the free samples multiple times over. I'm not in the USA anymore, but Costo will always have a special place in my heart! Guess you can call it customer loyalty
@twerkingfish4029 3 місяці тому
Now maybe I'm just crazy here, but I feel like growth for both of these companies is really going to stagnate due to shrinking household sizes in younger generations. The benefits of buying in bulk are a lot harder to realize when you are a family of 2-4 vs a family of 5-7, which could hurt these brands a lot.
@mahakeem110 Рік тому
Being a user at both Costco and Sam’s I see Sam’s have improved exponentially with scan and go, dropping prices, running offers on inventory where as Costco had became a class now where they went up in prices for the same items if you are comparing with Sam’s. Given the current market situation going up on prices and driving away the consumers is not a good business.
@oliviao2238 Рік тому
I go through private label clubs to skirt paying the membership. Perks in aligning yourself with private label clubs pay dividends, plus they have direct delivery
@beastmode3600 5 місяців тому
When money goes into research and development instead of other things, two steps ahead of the competition
@kims3797 21 день тому
Sams having scan and go has made easier for me to shop. Costco not having pick up definitely is a hassle and the crowds are outrageous. Sams has definitely been beating Costco in prices. I don’t need organic everything.
@lefishe6869 9 днів тому
A lot of people prefer quality and if you don’t have the money for it, don’t shop there.
@theSl33p3r62 Рік тому
It feels strange seeing all these positive numbers for Sam's Club/Walmart and at the same time seeing Walmart stores closing everywhere.
@keirawitham4033 3 місяці тому
We have both Sam's and Costco memberships. Honestly I prefer the shopping experience of Sam's. It's not as crowded, checkout it easier, and they label their aisles so I can actually find something I'm looking for. I really hate going to Costco. I avoid it as much as possible. It's super crowded, rude customers, and they move all their stuff so it's hard to find anything! Both stores have products the other doesn't have that we use. Costco excels in their meat, produce, and organic products. Sam's has better paper products, drinks, and snacks. We use my mom's memberships, but if she ever got rid of them, I probably wouldn't renew either one.
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