Costco is one of those customer nirvanas.It offers food in bulk quantity for relatively low prices.Members of their club can walk in and buy anything from three dozen eggs to even jewelry and designer hand bags. It;s the ultimate shopper and home chef's paradise.
New contributor BenRyder Howe who has also written for New Yorker Magazine wrote about this retail giant in today's New York Times Wednesday Food section. Costco has been around since the Sixties started by Sol Price. His family were the immigrants from Minsk who started in New York in trade. In the 1920's they moved to San Diego California where young Sol then went to the University of Southern California.He began by re-presenting grocers and other merchants He began to then buy San Diego warehouses into member only bazaars. members were charged a small fee.Shoppers could buy anything from hosiery to cigarettes. The bazaars were called Fed Mart. The key was making those members renew year after year.It was easy for him to do. Mr. Price was known for his gift of connecting with consumers.even though he was making money he was at odds with it , thanks to his family's Socialist beliefs.In fact Costoc is one of the best places to work for today.Most people who started off as baggers are now executives and their pay rate is much in line with the Price family values. A starting salary is twenty-six dollars an hour as opposed to other big box stores like Target and Walmart which start employees off at seventeen dollars an hour.
Costco contributed to flourish as it 's name changed in the 1990's. It grew too, with the first Costco opening up in Anchorage Alaska. It has merged with several different companies over the years yet strangely and stubbornly maintained Mr. Price;'s vision. 'Now the stores are world wide with more planned for South Korea, China Japan and Australia. There have been drawbacks .For years the company refused to add more warehouses.It was because of management concerns regarding that new facilities would be too challenging to run. The concerns seemed to have wane because Costco now opens up thirty warehouses a year. Trends in foreign countries, namely the Asian market come to the States.Expertise in South Korean and Taiwanese shopping have translated into availability in the US of such products as braised abalone in brown sauce,giant red sea cucumber and Chinese style bacon- cured pork strips. For one Toktoker Yutack Kang has told his 463,00 about another Asian staple frozen durian pulp and declaring that their Asian food section is superb. This resonates deeply with Asian American shoppers Other shoppers have developed a cult like love of the store.The store is great if you do have a big family to buy for. Smaller ones may wind up with overage and stale food.
Costco will always be the number one store in the US.It offers a wide arrange of different items .It also lets people buy food in bulk - something other grocery stores don't offer.
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