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Costco has a gross margin of ~13%, and is reputed to have very good working conditions.
by bjterry 11y ago
Costco has a gross margin of ~13%, and is reputed to have very good working conditions.
- imcqueen 11y agoThe paid membership component makes that tough to compare, but I've also heard they take good care of employees
- lacker 11y agoWould you rather work at Costco, or at Amazon?
- bjterry 11y agoI would rather work as a retail employee at Costco than as a warehouse employee at Amazon. But I'd probably rather work at the job I'm most qualified for at Amazon than at Costco, because it would be better for my resume and presumably have more interesting technical work.
- Reedx 11y agoTrader Joe's seems to as well, and that's with razor thin grocery store margins. Employees are always so happy and helpful there. It's like night and day compared to places like... Safeway.
- slyall 11y agoGross margins don't really mean a lot where wage bills are a high percentage of costs. Think Starbucks or MacDonalds or many other fast-food places.