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It's happening! The Canadian Costco cult is showing fractures!
(media.piefed.ca)
See the thread on the cult page itself: Costco Canada.
https://www.reddit.com/r/CostcoCanada/comments/1nb7aj1/are_you_still_buying_canadian_at_costco/
People are dropping their Costco memberships, and slowly weaning their shopping habits away from the American Bank owned: Costco. This is still the minority viewpoint as seen in the comments. But our education campaigns are slowly shifting the tides!
Remember, Costco is an American cult.
The same herd mentality that brought sheep into Costco's doors will bring them out, and onto a Canadian run option.
Costco has no direct Canadian wholesale competitor, yet.
But I have a sense that's going to change very soon. Costco is absolutely ripe for Canadian disruption. Go Leafs!
Cult in this context means loyal customer base.
The ceo makes 336 times more than the lowest paid worker and the company has had cases of opposing unions.
Do you have a source for that 336? I believe that was the previous CEO while the current has a pay ratio of 262, which is pretty standard from what I can tell.
https://aflcio.org/paywatch/company-pay-ratios
Not that Costco is sunshine and roses but (from an American perspective) they're one of the least bad options.
I wouldn't say most of us are loyal. We'll be turning our backs on them the moment they enshittify. They just haven't yet.
The shareholders are trying to start the process I think this will become a real risk once the main money maker is no longer the memberships but instead the in-house brands.