The Ultimate Costco Survival Guide

573 Words2 Pages
bulb-icon

Recommended: The main elements of Costco’s strategy

Lately, American families have been stressing to save money by printing out coupons, buying items when they are only on sale, and shopping in bulk. One of the most popular wholesale stores in the area are Costco. Every few weeks, my family, like many others, take a trip there to grab a “few” necessities. Since these stores are so large, it usually takes a few hours to gather everything and have long conversations with multiple friends or family members we just happen to encounter. So, if your family is like mine, sit back and enjoy this ultimate guide on how to survive a day at Costco.
The number one way to cure boredom is with some thrill and entertainment. These large wholesale stores have extremely long aisles and extremely large carts perfect for a little race. So, grab a few new buddies and several carts and have your very own kart racing tournament! With one friend inside the cart and the other pushing off the ground to high speeds, this could be the most exhilarating way to pass some time. Just keep an eye out for the employees and parents while whizzing through the aisles! ...

Show More
Related

  • Trader Joe's Business Strategy

    602 Words  | 2 Pages

    My organization, Trader Joe’s, is not an international business. Their stores are all located in the United States; therefore, I chose Whole Foods, who is a main competitor of Trader Joe’s for this assignment.

    Read More

  • Taking a Look at Extreme Couponing

    868 Words  | 2 Pages

    The average American spends $151 a week on groceries; adding up to $604 a month which is taken out of the hard earned pay check of the household. It is not a mystery why shoppers would want to use coupons to attempt to bring down this cost. Efficient shoppers understand the value of spending the time to meticulously plan each trip to the grocery store to fit in as many coupons as possible. Joanie Demer quit her job in order to spend her time maximizing the benefits from couponing. When couponing, the best way to save is doubling up the coupons to utilize the voucher to its fullest extent; extreme couponers will hoard several copies of a newspaper or magazine in order to stock up on the coupons so they can double up and have enough for the overstock they need to hold over until the next sale on that product. Jamie VanSicker gathered 185 copies of the Sunday paper in order to save big on the deals at her local grocery store, sadly to find out the paper didn’t have any coupons to clip. Religiously sticking to couponing may not be the healthiest choice, there are not many coupons are available for meat or produce, but the saving are worth the products given up. Couponing can create a few problems but overall takes the stress off the women when they know they have saved usually at least $15 off their total bill.

    Read More

  • The Financial Evolution of Dollar General Corporation

    929 Words  | 2 Pages

    On April 4, 2008 Goldman, Sachs & Co. submitted a prepared prospectus for Dollar General Corporation. According to the prospectus, Dollar General is the largest discount retailer in the United States by number of stores. They serve a broad customer base and majority of products are priced at $10 or less and approximately 30% of products are price at $1 or less. They believe that their combination of value and convenience is what has kept them ahead of their competitors since opening in 1955. Dollar General has had substantial growth in recent years, growing their number of stores from 5,540 as of February 1, 2002 to 8,229 as of February 2, 2007. This growth encouraged Richard Dreiling,

    Read More

  • Costco Case Analysis Essay

    811 Words  | 2 Pages

    Costco Wholesale Corporation was an uncommon type of retailers called wholesale clubs. These clubs differentiated themselves from other retailer by requiring annual membership purchase. Especially in case of Costco, their target market is wealthier clientele of small business owners and middle class shoppers. They are now known as a low cost or discount retailer where they sell products in bulk with limited brands and their own brand. The company is competing with stores like Wal-Mart, SAM’s, BJ’s, and Sears. The case begins with an individual shareholder, Margarita Torres, who first purchased shares in 1997 and who is trying to evaluate the operational performance of the business in order to make a decision rather or not purchase more shares

    Read More

  • Wal-Mart: The High Cost of a Low Price

    515 Words  | 2 Pages

    Wal-Mart represents the sickness of capitalism at its almost fully evolved state. As Jim Hightower said, "Why single out Wal-Mart? Because it's a hog. Despite the homespun image it cultivates in its ads, it operates with an arrogance and avarice that would make Enron blush and John D. Rockefeller envious. It's the world's biggest retail corporation and America's largest private employer; Sam Robson Walton, a member of the ruling family, is one of the richest people on earth. Wal-Mart and the Waltons got to the top the old-fashioned way: by roughing people up. Their low, low prices are the product of two ruthless commandments: Extract the last penny possible from human toil and squeeze the last dime from its thousands of suppliers, who are left with no profit margin unless they adopt the Wal-Mart model of using nonunion labor and shipping production to low-wage hellholes abroad." (The Nation, March 4th 2002 www.thenation.com/doc.mhtml?i=20020304&s=hightower).

    Read More

  • Persuasive Essay On The Thanksgiving Day

    827 Words  | 2 Pages

    Chain stores, such as K-Mart and Wal-Mart swing their doors wide for all deal seekers at around 6 a.m. Individuals will wake up earlier than necessary, drive to these stores, and camp out prior to the stores opening, if only just to ensure they get the best spot in line. Also near this time, various online deals begin. This means before many people wake up on Thanksgiving morning, sales have already started both in store and online. By this standard, the day’s workers have to get to the store hours before it opens to prepare the store for the surplus of people and the chaos that will soon enfold. People should be getting rest or preparing food for their lunches or dinners, but instead they are shopping or working. Retailers place priority on shopping from the moment people wake up until they go to sleep. There is never an emphasis on family throughout the entire day in these chain stores. The madness occurs throughout the entirety of both days, causing lack of family time in both days of the holiday for patrons and

    Read More

  • Case Study 1: Costco Wholesale in 2012

    1104 Words  | 3 Pages

    As for the second issue, it seems that Costco’s efforts to become an international company are moving slowly. They have not reached a point where their US and Canadian warehouses provide a backbone for their finances. Costco’s third issue is their expenses, which include merchandising costs and pre-opening expenses, have been increasing steadily and they need to balance this out to keep a positive net income. Analysis: Key Issue #1: Costco has many competitors, with the primary two being Sam’s Club, a wholesale business managed by Walmart, and BJ’s wholesale club. Sam’s Club offers the same services as Costco.

    Read More

  • Costco: Dealing With Discrimination

    237 Words  | 1 Pages

    I'm glad that my family and myself hasn't dealt with a lot of discrimination so far in our lives, but I do have a memory about witnessing my dad dealing with discrimination. Costco is well-known for their free samples, as a child I loved going to Costco just to try the little samples of pizzas or cheese. I recall one time my dad walked over to a cookie sample area, there was an older woman that was in charge of that sample area, she was cutting up cookie dough to put into the little convection oven. I remember specifically my dad reaching over to grab one of the samples when the lady reached down and slapped his arm away, she yelled at him for grabbing raw cookie dough after she apparently told another group that she wasn't ready but realizing

    Read More

  • Walmart Part 3 Case Study

    2338 Words  | 5 Pages

    How does managerial planning for Project Impact take place at different levels within the organization?

    Read More

  • Costco-Market Segmentation Overview

    1495 Words  | 3 Pages

    Nguyen, A. (2013, April 12). Costco: From Concept to $1 Billion in Three Years. Costco Wholesales Corp. . Retrieved April 6, 2014, from http://lindaperry.us/aec3033/AdNguyen2.pdf

    Read More

  • Publix Super Markets Inc. Case Study

    1316 Words  | 3 Pages

    Publix Super Markets, Inc. is a Florida-based grocery chain that has flourished since its inception in 1930. The first store opened in Winter Haven, Florida and to this day Publix has expanded to well over 1,000 stores in Florida, Georgia, South Carolina, Alabama and Tennessee. The supermarket chain now boasts over $25 billion in sales annually (Mujtaba and Johnson, 2012). To withstand the test of time and develop such a stronghold on the market, Publix has excelled in its global business community or macroenvironment, as well as its market environment or microenvironment.

    Read More

  • Strategic and Operational Plan: Best Buy

    1715 Words  | 4 Pages

    Best Buy, one of the biggest consumer electronics retailers in the world, provides products from smartphone, computers to large electronic appliances. It aims at offering a large variety of products with outstanding customer service at a comparably economical price. Yet, it has been facing internal and external challenges in the recent years. Bottom line and the share price are slightly catching up after a fall in 2013 but still barely satisfying the shareholders and customers are changing their purchasing habits which may threaten its future.

    Read More

  • Wal-Mart: The High Cost of Low Prices

    1949 Words  | 4 Pages

    Environmental Studies is the academic field, which systematically studies human interaction with the environment in which we live in. It is a broad field of study that includes the natural environment, built environment, and the sets of relationships between them. Environmental studies takes into account many different factors that help provide an enjoyable, fruitful way of life, such as national policies, politics, laws, economics, sociology and other social aspects, planning, pollution control, natural resources, and the interactions of human beings and nature.

    Read More

  • Persuasive Essay On Cooking At Home

    1207 Words  | 3 Pages

    stores such as Sam’s Club or Costco is huge. It is economical to buy frequently used

    Read More

  • C &C Grocery Case Analysis

    1272 Words  | 3 Pages

    C & C grocery store currently operates under a goal approach. They were committed to customer service and satisfaction. This approach provided the grocery chain with the profitability and growth they strived to obtain. The stores operative goals were attained and the chain had over 200 stores in operation. For years overall performance for C & C was excellent and came with ease. Unfortunately employee development and innovation and change weren't a top priority and it began to show. To remain successful C & C had to outsource and get advice from a team of consultants. The team dissected the company from top to bottom and advised the chain to implement an internal approach to go along with the goal approach. Implementing the internal approach will give the store managers full control of their stores which they do not currently possess. The store managers should be knowledgeable in all areas of the store to be able to fully communicate with staff. It was difficult for the district managers to give each store location the time and attention they needed when they were responsible for several other stores. Giving store managers more responsibility was a terrific idea of the consultants because the store managers have more day to day customer and employee interaction and could better assist needs. C & C was in desperate need of providing employee training and development. Cross training is beneficial for company as well as employees. Employees get the opportunity to learn other job positions and have the ability for advancement opportunities within the company. The company benefits from cross training because it provides flexibility if a store is short staffed, and it provides empowerment. A store full of happy employees from mana...

    Read More

More about The Ultimate Costco Survival Guide

Open Document