i went to neighborhood costco and sams club last sunday. they are located less than quarter mile apart, on the east and west side of the major blvd.
i went to costco first and i had a problem with parking cuz the parking lot was full at 10:30 in the morning. the inside was equally crowd but lively and the employees were helpful and seem eager to help. the store was stocked well had tons of merchandize.
then i went to sams club. parking was easy because there were probably 20 cars at just before 11am. as soon as i stepped in, i saw few employees wandering around but hardly the shoppers. the store had eerily, depressed feeling, kinda like a store just before closing at 8:50pm. you could tell that the store shelfs were under-utilized and the merchandize, especially in the food section, seems old and stale. whereas costco had a bit of festivity feeling, sams club had a feeling of dimly-lit factory from which you can't wait to get out, which is exactly what i did.
as far as i can tell, sams club is a sinking ship.
Costco from a shoppers point of view provides better prices, higher quality and therefore better value. The added bonus is that Costco workers enriched the community they live in. They don't, like walmart and sam's club have to depend on the taxpayers to subsidize their compensation because walmart pays and compensates their workers so poorly. In fact looking at the latest study by congress, overall walmart pays their workers the least overall.
So support America, help get workers off public assistance and the best way to do that is ALWAYS avoid shopping at walmart. Its good for the country, its good for your state, it good for your town, its good for community and it's especially good for your family, ALWAYS avoid walmart and sams.
Again, I think EVERYTHING about Costco is superior to Walmart and its subsidiaries except profitability. If you want a social welfare program, the company should be private. The FIRST quarter Costco comes in $0.01 shy of analysts' predictions, the share price is going to tumble.
I like Costco way more than Sams Club, but numbers don't lie...OVERPRICED! If Costco could commit to a STRUCTURED dividend, greater than Walmart, I would BUY BUY BUY. You are paying too much for too little.
Increased Revenue does not = Increased Profit; if it don't make money, it don't make sense. Why pay for something you're not getting anything back from? That's how bubbles get inflated and investors get screwed.