It’s gross that I have a single good thought about an abomination like Costco. It’s like cheering for Franco to overthrow Hitler.
Why are you opposed to Costco? My understanding was they're one of the few ethical businesses. Costco has stayed committed to inclusiveness unlike Walmart/Target; and has a good relation with their union. The only strike against them I heard of was them no longer stocking Plan B, but I think that's more because it's a prescription drug in a big-box retailer. Their model of bulk-packaging at a discount should be real valuable for struggling USAmericans, especially families.
one of the few ethical businesses.
Unfortunately, while they ultimately capitulated to the union at the last minute, they were still pulling union-busting shit like this in the run up. Costco isn't magically the one moral business, they're just broadly less openly shitty to their workers than other warehouses (amazon, target, etc.). They're also a lot better about PR than most of the other big companies, which is why most people never hear about this but everyone has heard about the "don't change the price of the hotdog" thing.
The notion that Costco is providing a benefit to families is grotesque. They were just in on the ground floor of destroying our socio-economic fabric. A world full of Costcos is just a different capitalist hellscape.
I’m basically done with the “better is better” argument…it’s a false dichotomy. It’s why I compare Costco to Franco: at least Franco didn’t do a holocaust.
ELI5: What so you mean by “better is better”? And what is it about Costco that is so bad?
Franco did do the Allies a bit of a solid by not hooking up with Hitler. Britain would have lost Gibraltar and then all of the Mediterranean and the Middle East. Hitler wouldn't have needed to waste so much military strength in the theater and could have concentrated more on the Soviets (and started Barbarossa earlier in the year). Even their fucking jets would have worked a lot better.
Yeap.
But Franco was still Franco…with his own purges, massacres, and various other fascisms.
Sure, fascists gonna fasc.
This is how they transfer wealth from consumers to corporations
We pay the tariffs Corporations get the tariff refund
Trickle up economics as usual
If you look at Costco's actions in the past they have been pretty fair for their customers. Costco is actually in a very good position where they know exactly who bought what and Costco can issue refunds to their customers based on that data. Even if they just do it as 'store credit' it would still be very welcome to most of their customers and that would help to offset Costco's administrative costs of determining the refund amounts for everyone.
I like Costco as much as the next person but they will absolutely not be refunding us based on what we purchased lol
I’ll happily eat these words but im fairly certain I won’t have to
The article states that on a bunch of items they’ve just been eating the cost so they’ve been paying the tariffs instead of passing them on. For those cases, there is nothing to refund to the consumers.
Yeah but it doesn’t state they’ve eaten the tariffs on everything just certain staple items
And I would wager those items they've eaten the cost on, is what they're seeking compensation on.
Nah as it stands, costco is a bro.
Used to be then they became one of the worst customer service sites to visit. I hate Walmart and Sam's club with a passion, but damn if their denial of my kids to run inside and go to the bathroom while I got gas pissed me off to no end.
I've also heard that costco doesn't suck to work for as far as retail goes and many will actually work most of their career there.
I can speak from experience when I say this, Costco is great to the warehouse workers, they treat IT like shit.
My stepson works for Costco. They are a fantastic employer compared to other retailers. They also do legitimately promote from within, including for business office professional positions.
Fwiw the people seem cheerful enough. At least not dead inside like Wal mart or any other big chain.
From the article:
In May, on Costco's earnings call, Chief Financial Officer Gary Millerchip told investors that about a third of Costco's sales in the U.S. are imported products. Millerchip said items imported from China represented about 8% of total U.S. sales.
Millerchip said that while Costco was seeing a direct impact from tariffs on imports of some fresh food items from Central and South America, it decided not to increase prices "because they are key staple items" for its customers.
Some of those fresh food items included pineapples and bananas. "We essentially held the price on those to make sure that we're protecting the member," he said.
In September, Millerchip told analysts: "We continue to work closely with our suppliers to find ways to mitigate the impact of tariffs, including moving the country of production where it makes sense and consolidating our buying efforts globally to lower the cost of goods across all our markets."
Honestly, that's pretty decent of them.
You didn't actually read the article did you?
If Costco doesn't refund the tariffs to customers, instead bringing back the Kirkland beef lasgana and big muffins, I would be alright with that. The last three or four years had some shrinkflation and loss of variety at Costco, which disappointed me.
While Costco is still one of the best stores to shop at, the American decay is still touching them. It doesn't feel good.
It has been an evolution at my store: Big lasagna for the last few decades, then a twin pack of smaller ones the last three or four years, and now this flavor is simply gone.
Its a helpless feeling to lose a food you love 💔
I bet you they'll bring it back bro, I believe in your cause.
Tbh that’s pretty based. Solid move, Costco.
But also, why are the the first large company to do this?
They're not. Read the article. Or at least the first line of the summary.
From the bottom of the article:
Global cosmetics giant Revlon, eyeglass maker EssilorLuxottica, motorcycle manufacturer Kawasaki, canned foods seller Bumble Bee, Japanese auto supplier Yokohama Tire and many smaller firms have also filed similar suits.
That probably does make Costco the most "known" company to sue.
EssilorLuxottica might be "unknown" but it is the eyeglass maker with a functional monopoly on the industry and parent company to the many better known 'companies' such as: Ray-Ban, Oakley, Persol, Oliver Peoples, Vogue Eyewear, LensCrafters, Pearle Vision, Sunglass Hut, EyeMed etc.
That probably does make Costco the most "known" company to sue.
Revlon and Kawasaki are well known international brands....
"reciprocal tariffs"
He just pre-reciprocal-ed the tariffs before the other countries.
Walmart switch to electronic price tags making more sense now, to quickly manipulate prices on every taco maneuver
It so they can profile you and adjust their pricing depending on how wealthy you are and if you really need the product. Dynamic pricing is coming and it's going to be brutal. They're not collecting these enormous datasets on every household for marketing only.
And so they can do really evil stuff like gouge you on water when it's hot out.
I came here to post this article. Glad I searched before posting. Dear Costco, please fuck the Trump administration anally with the barbed wire wrapped dildo of courtroom justice.
Are you one of those people that thinks the Epstein files are going to bring Trump down too? Whem you own the justice system it just lies there and licks your filthy taint.
Good on Costco but at best this will maybe minimize the number of card carrying klan rednecks that shop there and thats about it.
I'm cynical enough to believe that nothing will come of the files, but deep down in my core there is a tiny piece of hope.
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