Quote:
Originally Posted by haertig
Don't apply the above observation to Costco.
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I read an interesting article on Costco. The really don't make much profit on what they sell. Some food court items actually lose money.
Costco makes its money selling memberships.
This isn't the article I read, but it's likely based on the same source:
Costco Doesn't Make Any Money Selling You Groceries — Here's How It Actually Rakes In Billions of Dollars Every Year