I found the article interesting in what it doesn’t mention, the opposite end of the spectrum. Costco faces competition not just from people who don’t drive as much and have smaller places but have services which deliver the basics and more importantly, the high margin luxury goods at their convenience, at home. Things like Amazon Prime. Costco was a new invention 20 years ago, bulk for the upper middle class masses. Now there are retailers competing away some of their customer base. The suburbs may be dying but it’ll be a long slow death. I doubt Costco will go away anytime soon.
Josh
