Some costco facts just because.
7% employee attrition rate. Amazon has from 69.5% to a high of 81.3% across all levels. As high as 150% at the warehouse level.
36% of their employees have been there over ten years.
Avg. wage is 26 dollars and includes decent benefits as well as a matched 401k.
Costco hovers around 3,800 skus (individual products) for comparison home depot has 35,000, walmart has around 100,000.
No one product at costco is marked up more than 14%. Which is interesting from a consumer stand point, but also a supplier’s point of view.
They also have Bitcoin ATM's in Costco.
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i did not know that.
Noticed a guy feeding one with a stack of hundreds at the one in Houston not long ago.
damn - isn’t there something like a 10% fee?
I think it's a really high spread but, it's non kyc, so people are willing to do it.
