-——WinCo also trims costs by not accepting credit cards and by asking customers to bag their own groceries.-——
That alone will keep them small..... You are basically cutting out a lage part of your potential customers base....
Cutting credit card overhead cost and labor will allow them to cut margins by 2 to 4 %
Seems like they figured out the “box store” concept....
You can swipe your debt card tho...I have done it...there is a WinCo in my town. Nice stores and they have a great bulk food section and canning supplies!
That alone will keep them small..... You are basically cutting out a lage part of your potential customers base....
No different than Aldi's. Also at Aldi's you put a quarter into escrow when you get your shopping cart, and if you return the cart to the line of carts, you get your quarter back.
“That alone will keep them small..... You are basically cutting out a lage part of your potential customers base....”
They do accept ATM cards tough. We shop there and they are always jammed.
RE: credit cards and bagging will keep their base small.
Not necessarily.
Aldi’s charges an extra processing fee for CC’s and checks. They do not charge processing for Debit cards. And you have to bag your own groceries.
By 10:00 most days, their parking lot starts to fill up with customers.
When a company is employee owned there is no reason for them to even attempt to outpace the international companies. I am certain the executives are well paid and the employees aren’t worried about their futures either.