The Costco Effect Highlights How New Costco Stores Transform Local Economies: 'Surrounding Businesses Raise Wages Up To 40% More'

Описание

Costco’s higher wages are pushing nearby businesses to raise pay by as much as 40%, creating a positive local ripple effect that contrasts sharply with the Walmart Effect. Surrounding stores often see more foot traffic and higher revenue as Costco becomes a regional shopping destination. Shoppers visit less frequently than Walmart customers but spend far more per trip.