General Discussion
In reply to the discussion: Costco's CEO explains how they make record profits: [View all]AZ Progressive
(3,411 posts)But you can't directly compare two businesses so easily and make sweeping judgements.
The other issue here is that Costco basically tells Wall Street: "This is how our business is going to be and you can either take it or leave it" and delivers on profit while paying their workers very well, while Walmart does everything it can to please its investors including paying their workers very low (though actually Target pays even lower.) Costco stands up for their values while Walmart kisses the feet of Wall Street and the Walton family and swears to wring out as much profit as possible.
I must say that it is a challenge not to buy certain things in Walmart, especially if you are a night owl and it's past 10 pm when Walmart's the only retailer open (many open 24 hours) and when you do a lot of traveling between big cities and Walmart is the only retailer in so many smaller cities.