I was wrong on gross margins. You’re right. Walmart still can’t adopt Costco’s business model. It sticks many more things, in much smaller units, in way, way mo

I was wrong on gross margins. You’re right. Walmart still can’t adopt Costco’s business model. It sticks many more things, in much smaller units, in way, way more stores and the average employee is not as skilled. https://www.forbes.com/sites/greatspeculations/2017/02/06/the-key-difference-between-costco-and-walmart/#4b5976454306 https://www.forbes.com/sites/greatspeculations/2017/02/06/th... > While Walmart’s gross margins are more than double those of Costco’s, an efficient model with significantly higher revenues per square foot ensure that Costco’s gross earnings for the same size of a store are higher than Walmart.