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'Rip Off Britain' alive and well at Costco

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Comments

  • marliepanda
    marliepanda Posts: 7,186 Forumite
    edited 7 June 2015 at 10:39PM
    geerex wrote: »
    I seem to remember reading somewhere that Costco US staff were paid a good bit more than min wage. Don't assume.

    And Costco UK staff are not? Anyway UK operational costs are higher, fuel is just one cost, plus you have to pay all your delivery drivers extra, anyone involved with getting stock, costs of contractors are higher, cleaners, security staff etc etc etc
  • geerex
    geerex Posts: 785 Forumite
    And Costco UK staff are not? Anyway UK operational costs are higher, fuel is just one cost, plus you have to pay all your delivery drivers extra, anyone involved with getting stock, costs of contractors are higher, cleaners, security staff etc etc etc

    If you care to look at my post in the context of the thread, I was using the US Costco staff as an example of how their pay wasn't in the bracket of the US minimum wage thus further strengthening the OPs point that it's not a wage issue that contributes to the UK being "ripped off".
    Try to engage your brain next time before jumping in with a snippy post.
  • marliepanda
    marliepanda Posts: 7,186 Forumite
    geerex wrote: »
    If you care to look at my post in the context of the thread, I was using the US Costco staff as an example of how their pay wasn't in the bracket of the US minimum wage thus further strengthening the OPs point that it's not a wage issue that contributes to the UK being "ripped off".
    Try to engage your brain next time before jumping in with a snippy post.

    And my post about UK operational costs was snippy why? Considering the OP was apparently looking at a promotional cost this all seems fairly moot anyway as he is misinformed
  • geerex
    geerex Posts: 785 Forumite
    And my post about UK operational costs was snippy why? Considering the OP was apparently looking at a promotional cost this all seems fairly moot anyway as he is misinformed

    The whole "and Costco UK staff are not?" bit was quite abrupt. Almost as if you were implying that I was saying that they were minimum wage for some reason. Moot indeed.
  • Loads of reasons:
    Trade agreements between UK/Non-EU are different to US/Rest-of-world
    Local tax isn't usually quoted in prices in the USA
    VAT is typically higher than USA local taxes
    Staffing costs will be different, even land costs will be wildly different

    Those Americans might be paying less for stuff - but there are some astronomical price differences for their healthcare and education.
  • Bowling_4_Gold
    Bowling_4_Gold Posts: 1,771 Forumite
    Costco's policy is a maximum 15% markup on all merchandise.

    Bear in mind the group has over 650 warehouses in total, 26 of which are in the UK (just under 4%!), the majority of the rest being in America.

    Costco's probably bought in massive bulk with delivery to a distribution centre in the US- meaning Americans are going to get the best price as they aren't paying additional shipping on top.

    To get it to the UK there's going to be a significant shipping cost- especially when the volume of product that you're shipping is likely only a mere 4% of the total order.
    The quickest way to become a millionaire is start off as a billionaire and go into the airline business.
    Richard Branson
  • Exile_geordie
    Exile_geordie Posts: 5,094 Forumite
    Ahh I have so missed threads like this where the OP gets taken apart :)
    Dont rock the boat
    Dont rock the boat ,baby
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