Costco purposefully targets the upper middle class to nearly the point of exclusion of everyone else. By charging membership fees, product selection, and the bulk pricing.
They could care less about the bottom 50% of the market.
Costco's revenue comes from their membership fees and their ability to strongarm suppliers to give them favorable terms (eg. Costco is one of the largest alcohol importers in the US and tends to strongarm LVMH).
I love Costco (I practically grew up at Costco as a kid), but their ICP is not the kind of person who shops at Dollar General or is on SNAP - it's very much targeted at the 50th percentile income bracket and above [0].
And this is why PE has taken over the dollar market segment - because it's a trash business that no one else wants to service over the long term. PE is basically the last resort if a business cannot raise capital from traditional avenues, and leadership and investors want to exit. For y'all graybeards think of "Sam Vimes Boots theory".
Mine Safety Disclosures did a great overview on Costco's operating model a couple years ago [1].
> The US Cloud Act goes against Swiss standards for privacy and sovereignty, particularly because even data that’s hosted in a Swiss region is not immune from the US Cloud Act.
That the major reason why anyone outside the US shouldn't use 365.
Especially since the current administration showed how easy it is for the US as a whole to cut ties and cause trouble to any country that was considered an ally.
Although from this study the global vaccine output is positive, the personal one seems negative for a lot of people.
Many still got COVID19 and the bleeding issue, but they can't compare to what would have happened without the vaccine.
Notably many for whom the basic understanding of "25% lower risk of all-cause mortality" doesn't mean anything.
- "What is it ? I had 1 chance to 1 million to die but with the vaccine it's 0.75 to 1 million ?"
- "No, out of 22 million vaccinated, 0.4% died but out of 6 million unvaccinated, 0.6% died !"
> The availability of COVID-19 vaccination was not associated with a change in incidence of medically attended abnormal uterine bleeding in our population of over 79,000 female patients of reproductive age. Additionally, among 2,717 patients with abnormal uterine bleeding diagnoses in the period following COVID-19 vaccine availability, receipt of the vaccine was not associated with greater bleeding severity.
> was then interrogated over the picture and another photo of a house he shared on social media – which he told police he had never been to and was taken by someone else.
> The allegations about stalking and illegal possession of a firearm were dropped, but he was then charged with a public order offence for a different social media post.
Either the police is exaggerating, either this guy is exaggerating... or a little bit of both?
The fact that there is even a "public order offence" for shit posted on social media is telling enough about the UK. The British should stop claiming to be a free democracy. Democracy they might be, but free they are not.
I guess that if you GET https://somedomain.com/boobs.jpg you get a 404 (not found) from a web server hosted outside of Iran but if the server for the domain is hosted in Iran, you get a 403 (forbidden) because the request is intercepted by a firewall that detect the word "boobs" and reject it with a 403 without forwarding it to the webserver that would usually return the 404.
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