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lichtarbeiter
Joined: 15 Nov 2006 Location: Korea
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Posted: Tue Mar 20, 2012 2:19 am Post subject: |
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I went to the Yeongdeung-po Costco about a month ago to discover that there was no ground beef in stock.
Can anyone confirm whether it's been discontinued, or whether I just hit a bad day? |
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Hoost
Joined: 12 Nov 2008 Location: Seoul
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Posted: Tue Mar 20, 2012 2:59 am Post subject: |
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I wonder what the Costco HQ thought when they noticed that Korean Costcos go through probably 10x the amount of onions at the hotdog stand than other Costcos worldwide.
"Love live the Onion Salad" |
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jrwhite82

Joined: 22 May 2010
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Posted: Tue Mar 20, 2012 5:55 am Post subject: |
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| What a freaking gold mine. |
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cdninkorea

Joined: 27 Jan 2006 Location: Seoul
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Posted: Tue Mar 20, 2012 6:00 am Post subject: |
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| I find going to Costco in the morning, especially when they first open, to be the best time. As for weekends at night, avoid! |
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sallymonster

Joined: 06 Feb 2010 Location: Seattle area
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Posted: Tue Mar 20, 2012 6:59 am Post subject: |
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| Rule #2 when living in Korea: Never go to Costco on the weekend! |
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tatertot

Joined: 21 Oct 2008
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Posted: Tue Mar 20, 2012 10:55 pm Post subject: |
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I always thought that the Korean propensity for devouring free samples and making dishes out of condiments would have an adverse affect on Costco Korea's profitability. However, my fiancee used to work for them and she said that the Yangjae Costco is either the most profitable or the highest grossing Costco in the world (I can't remember which). So I guess the members gorging themselves on free onion salad and free samples is a strategy that's working for Costco  |
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pkang0202

Joined: 09 Mar 2007
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Posted: Tue Mar 20, 2012 11:31 pm Post subject: |
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Korea has many stores that rank very high in sales versus the rest of the world.
Costco Yangjae is one.
Starbucks is another. I think one of the Starbucks in Korea is the highest grossing one.
The luxury brands (Prada, Chanel, Louis Vuitton) say Korea is one of their best countries in sales. Which is ironic since Korea is also known to have the highest prices of those brands.
The Taco Bell in Itaewon, although hasn't made any lists yet, will probably rank pretty high considering line that is always there. I went there one night and they ran out of ground beef. |
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fermentation
Joined: 22 Jun 2009
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Posted: Tue Mar 20, 2012 11:46 pm Post subject: |
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| tatertot wrote: |
I always thought that the Korean propensity for devouring free samples and making dishes out of condiments would have an adverse affect on Costco Korea's profitability. However, my fiancee used to work for them and she said that the Yangjae Costco is either the most profitable or the highest grossing Costco in the world (I can't remember which). So I guess the members gorging themselves on free onion salad and free samples is a strategy that's working for Costco  |
Free condiments and onions are probably a drop in the bucket to what they make in profits. Still, I wonder if they get annoyed at all. I go to homeplus and see people, especially teenagers, just there to eat free samples.
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| The Taco Bell in Itaewon, although hasn't made any lists yet, will probably rank pretty high considering line that is always there. I went there one night and they ran out of ground beef. |
Its crazy how much Taco Bell jumped in popularity. The one in Hongdae gets pretty crowded too. Couldn't find a place to sit the last time I was there. |
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motiontodismiss
Joined: 18 Dec 2011
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Posted: Tue Mar 20, 2012 11:57 pm Post subject: |
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| pkang0202 wrote: |
Starbucks is another. I think one of the Starbucks in Korea is the highest grossing one.
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I've been told the highest grossing Starbucks was the one at NYU on West 4th. |
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Hoost
Joined: 12 Nov 2008 Location: Seoul
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Posted: Wed Mar 21, 2012 12:11 am Post subject: |
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| pkang0202 wrote: |
Korea has many stores that rank very high in sales versus the rest of the world.
Costco Yangjae is one.
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I can second that. My sister works for Costco and says that the company always talks about the Yangjae location being the most profitable. |
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radcon
Joined: 23 May 2011
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Posted: Wed Mar 21, 2012 1:42 am Post subject: |
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| pkang0202 wrote: |
| The Taco Bell in Itaewon, although hasn't made any lists yet, will probably rank pretty high considering line that is always there. I went there one night and they ran out of ground beef. |
Beef? You mean "ground meat" don't you? |
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Steelrails

Joined: 12 Mar 2009 Location: Earth, Solar System
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Posted: Wed Mar 21, 2012 3:14 am Post subject: |
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| radcon wrote: |
| pkang0202 wrote: |
| The Taco Bell in Itaewon, although hasn't made any lists yet, will probably rank pretty high considering line that is always there. I went there one night and they ran out of ground beef. |
Beef? You mean "ground meat" don't you? |
Ground meat? You mean "shaped protein" don't you? |
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The Cosmic Hum

Joined: 09 May 2003 Location: Sonic Space
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Posted: Wed Mar 21, 2012 6:25 am Post subject: |
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| Steelrails wrote: |
| radcon wrote: |
| pkang0202 wrote: |
| The Taco Bell in Itaewon, although hasn't made any lists yet, will probably rank pretty high considering line that is always there. I went there one night and they ran out of ground beef. |
Beef? You mean "ground meat" don't you? |
Ground meat? You mean "shaped protein" don't you? |
Shaped protein? You mean 'shaped protein like substance' don't you? |
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alongway
Joined: 02 Jan 2012
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Posted: Wed Mar 21, 2012 6:33 am Post subject: |
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| in 3 years, my costco that I go to has looked like that once. Even on the weekends it gets busy, but not like that. I wonder if that video was taken on the day before a big holiday or something. |
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atwood
Joined: 26 Dec 2009
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Posted: Wed Mar 21, 2012 8:05 pm Post subject: |
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Hopefuly the new Costco in Yongin will open soon. Yangjae has added a new parking lot, lowering the time it takes to park. Of course, that probably makes it more crowded.
Charlie Munger, Warren Buffet's partner, has even mentioned the Yangjae store when highlighting Costco as a well-run business. |
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