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Typical retail story. The new business is more efficient than the old guard and expands across the country until it saturates its market. Then is tries to squeeze until it cuts the bone. FICA has got to be eating at their bottom line. If I invest in a retailer, I make sure its regional with expansion possibilities.
Employers are paying the same FICA rate they paid 1990-2010.
Walmart is still my store of choice for automotive oil and similar products. By far the cheapest price for leading brands of oil in 5 qt. bottles. Cheaper than Sams Club, Costco, or any auto parts store. Here in Austin the Walmart stores are bright, clean, and lines are usually not long at checkout. I also like that every Walmart will take old oil for recycling.
They were comparing Costco and Sam's( who are owned by Wal Mart), not Costco and Wal Mart.
The link in the OP was absolutely NOT comparing Costco and Sam's Club. It was talking about a Walmart Superstore. The person interviewed in the article didn't even use Costco.
In my neck of the woods, the lion's share of Walmart employees are middle-aged Indians. I don't know if it's a cultural thing or just exhaustion. They come off as some of the most miserable people I have encountered in any big box retail establishment and it makes me uncomfortable.
Lol. This is true. The Walmart near me consists of nothing but stereotypes of all races. If you see a happy employee, he's stealing.
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