E-commerce sales skyrocketed 28.5% in the company’s second quarter, Costco reported on Wednesday. Same-store sales across the company increased 8.4%.
Despite BAGB’s view that going for grocery shopping is a waste of time, I need to go to Costco to pump gas every week. Besides their Kirkland brand stuffs are well priced, tasty prime ribeye steaks, organic eggs and a lot more.
Love Costco. I just got their cashback reward from all the charging I did last year (maybe a half year at most since I got their credit card). An extra $150 bucks ain’t too shabby. Thanks Costco!
The buyers(people who buy products on behalf of Costco which are then retailed at various Costco locations) are excellent and they select a limited selection of great products with good prices(better than most). In addition, their return policy is great with excellent customer service.
Amazon is a place where you will get everything(customer has to research on quality & product to buy) … at similar or lately slightly higher prices.
If I don’t want to research too much on quality and stuff Costco it is for me.
We need to draw up a list of retailers that can fight off Amazon. Some candidates include: Costco, Best Buy, Dollar Tree and Five Below. But as you can see below all are lagging AMZN:
I wonder if Best Buy can be sorta like Apple store but for other brands? If someone wants to buy a smart speaker, where can he go to try them out? Amazon makes one, Google makes one, Apple makes one, and soon even Facebook may make one.
I can’t taste the difference among eggs from different sources. If cooked well they are all good. We stopped buying organic eggs too from Costco since we started raising chickens in our backyard, but again our free-range chicken eggs don’t really taste any better than store-bought eggs.