Now, believe it or not, the very first thought that went through my head (I'm swearing to Buddha here) was that, 'I'll bet Costco supports Democrats' (ha, you knew I'd turn this into a political issue, didn't you?). I'll throw some more numbers out at you that compare the two companies' overall fiscal philosophy and then I'll share with you some initial reactions I had and some more facts I dug up. If you want to learn more about that, go here. Also, I don't know if the 33% health care number is skewed because many Wal-Mart employees get assistance from states on their health care (yes, from us taxpayers), but that's another post. Now, to be fair, I can't remember the last time I ever set foot in a Wal-Mart or Sam's Club (although it might have been back in my college days), so I can't compare. Besides, when you shop there, the people are friendly, they're smiling and you can tell that they work hard. I have heard that Costco employees get treated really well. Now, when I first looked at these numbers, I wasn't at all surprised. You'll have to trust that I'm not re-copying the facts here falsely.Įmployees pay avg. The paper cites several sources of these figures. OK, now to the two different businesses and their 'philosophies'. I did know it was owned by the evil empire Wal-Mart, but didn't know about it's similarity to Costco in that you need to pay an annual membership fee to shop there. The first thing I learned (I'm ashamed to say) is that I didn't know that Sam's Club was a membership store. Of course, I'm going to share those nuggets. Put your thinking cap on.Īs I was reading the article about a new Sam's Club (Wal-Mart's membership store) going in next to Costco on East Sprague here in Spokane, several things popped into my head as I became more informed about the 'philosphies' of these two businesses. Strap yourself in.this is going to be a doozy.

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