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Old 10-26-2015, 07:02 PM
 
1 posts, read 2,371 times
Reputation: 10

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This post applies to Charlotte, NC area, but I would advise all members of COSTCO to read it. I have a sneaking suspicion that these "regionalization" practices are corporation-wide and members NEED TO KNOW how prices vary within a city.

FYI - RIP-OFF report: COSTCO gas in its Matthews store ( a suburb of Charlotte) is $1.71/gallon as of today. Great news, right? Well hold on a minute~~ at Charlotte's Tyvola Rd store, the same gas sells for $1.90/gallon, a price variance of NINETEEN CENTS PER GALLON. Interesting that the "COSTCO Wholesale Club" membership costs the SAME for everyone but if you happen to shop the Tyvola store, you are being victimized by Costco's "price regionalization" practice.
OK, I know transportation is a costing factor, but could anyone possibly believe it costs them NINETEEN CENTS MORE PER GALLON to truck that gas 13 miles further down the road to the Tyvola store?

More weirdness: COSTCO's "regionalization" supposedly means they price shop their products in a 50 mile radius. Did someone move South Carolina? Because the Tyvola store is easily within 15 - not 50 - miles from the SC border, where gas taxes and therefore gas prices are MUCH lower.

WORSE NEWS: "regionalization" could be affecting the pricing of ALL products in COSTCO's Charlotte stores. The way they flexed that "50 mile radius" in the case of the gas price (excluding SC) means...COSTCO is fast coming to "what the market will bear".

I also noticed that comments on COSTCO's website appeared to have been closed out effective when the new CEO took over - 2012. That's W. Craig Jelinek, I think. GLowing reviews ranged from 2008 to 2012. Nothing allowed in comments since then.
Wonder if that is a telling indication of what direction he is taking COSTCO.

I'm beginning to wonder if all the positive PR on "great wages at COSTCO" wasn't designed to redirect our attention from what is REALLY happening in corporate...
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Old 10-26-2015, 07:21 PM
 
Location: South Carolina
21,004 posts, read 27,009,485 times
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How much is gas retailing for in the trade areas of Costco warehouses 359 (500 Tyvola Road, Charlotte, North Carolina 28217-3504) and 367 (2125 Matthews Township Parkway, Matthews, North Carolina 28105-5766)? If they are on par before Costco's member pricing in each trade area, then the Tyvola Road trade area must be expensive.
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Old 10-26-2015, 07:28 PM
 
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,114 posts, read 80,205,776 times
Reputation: 56963
Our Costco is at $2.19, and we are happy with that since the name brands are at $2.89. One other item affecting the gas price is local gas and sales tax, but regional prices are normal for everything, especially gas. Things like the price of land, utilities, cost of living (salaries) and sales volume all affect prices. No other store has the exact same prices in every store throughout the country, why would Costco? Would you prefer to pay a higher membership fee in a higher cost area? Like any business, I would expect them to charge what the market will bear at each location, that's how to make money. We shop at Costco (non-perishables) in Vancouver, B.C. when we are up there and their prices are higher than other Canadian cities but with the favorable exchange rate, we save a lot.
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Old 10-26-2015, 07:58 PM
 
Location: Charlotte for now
142 posts, read 253,351 times
Reputation: 95
You don't like it? Don't shop there. Pretty simple.

If you think other retailers don't have different prices both everyday and when on sale in different markets then you are fooling yourself. They all do it do different degrees.
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Old 10-26-2015, 08:05 PM
 
Location: Living rent free in your head
42,742 posts, read 25,909,163 times
Reputation: 33839
I'm not sure where you are going with this...Costco doesn't price their gas the same as all other Costco Stores, but they are competitive with other local gas stations. In Sacramento Costco gas is $2.33, 10 miles away in Roseville it's $2.28. As a consumer I have a choice to buy gas wherever I want, and if I disagree with Costco's policies I am free to terminate my membership.
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Old 10-26-2015, 09:30 PM
 
396 posts, read 965,720 times
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This is no different than any other store. There are price differences between the Monroe Walmart and the Indian Trail Walmart when they are only a few miles apart. Prices are set based on the area they serve along with many other factors including local taxes, real estate costs, wages, etc.
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Old 10-26-2015, 11:36 PM
 
599 posts, read 398,483 times
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It doesn't make a bit of sense and I have noticed it as well. The Costco is almost always much more cheaper than the Matthews location. I have noticed at how different gas prices are throughout the county.
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Old 10-26-2015, 11:52 PM
 
Location: Charlotte Metro Area
2,186 posts, read 4,156,718 times
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For the longest time gas at the Tyvola Road store was cheaper than the Matthews store. It fluctuates.

When Costco compares themselves to the local area, it's on the pre-tax per gallon price. State gas taxes are higher in North Carolina, that's just a fact of life right now.

By the way, $1.719 matches the price that gas is being sold for in many of the stations along US 521 in Indian Land, SC. No membership necessary. Feel free to fill up down there.

Personally I find that Costco gas is a convenience. It's also nice that someone is there to monitor the pumps regularly, which cuts down on the chance of a skimmer on the card reader.
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Old 10-27-2015, 08:43 AM
 
643 posts, read 764,452 times
Reputation: 809
Quote:
Originally Posted by Ex-LI View Post
For the longest time gas at the Tyvola Road store was cheaper than the Matthews store. It fluctuates.

When Costco compares themselves to the local area, it's on the pre-tax per gallon price. State gas taxes are higher in North Carolina, that's just a fact of life right now.

By the way, $1.719 matches the price that gas is being sold for in many of the stations along US 521 in Indian Land, SC. No membership necessary. Feel free to fill up down there.

Personally I find that Costco gas is a convenience. It's also nice that someone is there to monitor the pumps regularly, which cuts down on the chance of a skimmer on the card reader.
I agree with this... Since moving to Charlotte about a year ago, I always pumped at the Tyvola Rd. Costco and was always happy with the price. Now, since we live in Indian Trail, I am much closer to the Matthews store and I noticed a while back that gas was ALWAYS cheaper at the Tyvola Rd. Costco. I'm actually surprised that the Matthews Costco is now cheaper.

Anyhow, I recently visited Indian Land, SC for a dentist appointment and noticed gas was $1.71 on Johnston Rd. (521) which is a 5 minute drive from my workplace. I'll be going there from now on. It's the cheapest I've seen and so close to work it actually saves me time as well.
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Old 10-27-2015, 09:41 AM
 
958 posts, read 1,712,611 times
Reputation: 451
I don't understand. If you don't like the prices of gas, don't buy from them?
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