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Seoul has been harrassing Costco
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atwood



Joined: 26 Dec 2009

PostPosted: Wed Oct 17, 2012 10:34 pm    Post subject: Reply with quote

[quote="KimchiNinja"]
Stan Rogers wrote:
Quote:
Do you work for Costco?


Indeed, most of you guys sound like a bunch of Costco fan-boys.

I don't like Costco, so I think it's awesome.

There's no accounting for taste.
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CentralCali



Joined: 17 May 2007

PostPosted: Wed Oct 17, 2012 10:40 pm    Post subject: Reply with quote

So, you don't like Costco and thus that means it's okay for a government to unfairly penalize them? Yeah, right.
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jdog2050



Joined: 17 Dec 2006

PostPosted: Thu Oct 18, 2012 1:02 am    Post subject: Reply with quote

highstreet wrote:
All the other marts close every other Sunday. Even the tiny ones like 999 Mart. I can see why Costco would want to stay open though. Especially on a Sunday,


Yeah, this really screws with them, and for no good reason.

Costco is mostly a small-medium restaurant/business vendor with a veneer of being for average consumers. Having them shut down twice a month (mind you, before the beginning of the week which really screws with restaurant orders) screws with a lot of supply chains.

And all of this because of whining from stores whose clientele they don't really cross paths with.

People go to the neigborhood mart for extremely different reasons than why they go to Costco.
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Drew345



Joined: 24 May 2005

PostPosted: Thu Oct 18, 2012 3:16 am    Post subject: Reply with quote

Shopping in Seoul on a normal weekday morning is like shopping in America on the day before Thanksgiving (really, really busy). If the mom-and-pop stores can't make money in this kind of environment, they really need to look at what they are doing wrong an make a plan for getting customers in.
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radcon



Joined: 23 May 2011

PostPosted: Thu Oct 18, 2012 7:14 am    Post subject: Reply with quote

[quote="KimchiNinja"]
Stan Rogers wrote:
Quote:
Do you work for Costco?


Indeed, most of you guys sound like a bunch of Costco fan-boys.

I don't like Costco, so I think it's awesome.


I don't like you so I think you should get deported even though you have done nothing wrong. Is that Ok?
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CentralCali



Joined: 17 May 2007

PostPosted: Thu Oct 18, 2012 8:30 am    Post subject: Reply with quote

By the way, those who are bringing up the "no Sunday shopping" laws, aka Blue Laws, that used to be so prevalent in some countries (and still are in some locales) are missing a key distinction: those no shopping laws closed both the large and the small stores. This asinine (yes, that's my opinion) law only targets the large stores, while it specifically permits the small outfits to remain open. That is, after all, the whole intent of this stupidity.
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Thu Oct 18, 2012 5:23 pm    Post subject: Reply with quote

CentralCali wrote:
By the way, those who are bringing up the "no Sunday shopping" laws, aka Blue Laws, that used to be so prevalent in some countries (and still are in some locales) are missing a key distinction: those no shopping laws closed both the large and the small stores. This asinine (yes, that's my opinion) law only targets the large stores, while it specifically permits the small outfits to remain open. That is, after all, the whole intent of this stupidity.


Good point. Why give anyone such an advantage? It makes little sense.
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Fri Oct 19, 2012 5:31 am    Post subject: Reply with quote

I was shopping at Costco on Friday night, making my point to help our Costco brothers and sisters, and I was told that Costco will be open this Sunday and every Sunday. Also, sales have increased since the controversy started and Costco sees that as a sign of quiet support. I sure do enjoy the pumpkin pie I bought at Costco. I'll consider that my reward for doing a good deed and doing some extra shopping there.
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Fri Oct 19, 2012 2:44 pm    Post subject: Reply with quote

http://www.yakima-herald.com/stories/2012/10/18/costco-exec-shares-success-stories-with-rotary-club

Quote:
When Costco opened its first store in Seoul, South Korea, in the mid-1990s, the warehouse retailer planned to have the same offerings available its U.S. stores, including freshly made pizza in the food court.

But newly hired Korean employees were skeptical, noting that their countrymen didn�t eat a lot of bread, tomatoes or cheese.

Today, Seoul, which is home to three of Costco�s eight Korean locations, now sells more Costco cheese pizza than anywhere else, said Paul Moulton, Costco�s executive vice president and chief information officer, in a speech Thursday to the Rotary Club of Yakima.

Moulton, who has worked for Costco for more than 25 years, spent much of the 1990s living abroad to bring Costco to the United Kingdom, Korea, Taiwan and Japan. Much of his presentation Thursday focused on Costco�s international market.

While some items native to that country are offered, Costco does not overhaul its design or product lines at international locations.

"By and large, you do it the way you know how to do it and adjust from there," Moulton said
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byrddogs



Joined: 19 Jun 2009
Location: Shanghai

PostPosted: Fri Oct 19, 2012 3:17 pm    Post subject: Reply with quote

dairyairy wrote:
http://www.yakima-herald.com/stories/2012/10/18/costco-exec-shares-success-stories-with-rotary-club

Quote:
When Costco opened its first store in Seoul, South Korea, in the mid-1990s, the warehouse retailer planned to have the same offerings available its U.S. stores, including freshly made pizza in the food court.

But newly hired Korean employees were skeptical, noting that their countrymen didn�t eat a lot of bread, tomatoes or cheese.

Today, Seoul, which is home to three of Costco�s eight Korean locations, now sells more Costco cheese pizza than anywhere else, said Paul Moulton, Costco�s executive vice president and chief information officer, in a speech Thursday to the Rotary Club of Yakima.

Moulton, who has worked for Costco for more than 25 years, spent much of the 1990s living abroad to bring Costco to the United Kingdom, Korea, Taiwan and Japan. Much of his presentation Thursday focused on Costco�s international market.

While some items native to that country are offered, Costco does not overhaul its design or product lines at international locations.

"By and large, you do it the way you know how to do it and adjust from there," Moulton said


Costco needs to come to China. I enjoyed my monthly early Sunday morning trips while living in Seoul. We have a Sam's Club in Shanghai. I joined soon after arriving a couple of years ago thinking that it would be similar to Costco Korea. Wrong! I wasted the membership fee money to join a club that resembled every other large retailer (Tesco, Carrefour, CenturyMart, Lotus, etc...) in the offerings (nothing special). I went there once.
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TheUrbanMyth



Joined: 28 Jan 2003
Location: Retired

PostPosted: Fri Oct 19, 2012 11:49 pm    Post subject: Reply with quote

CentralCali wrote:
By the way, those who are bringing up the "no Sunday shopping" laws, aka Blue Laws, that used to be so prevalent in some countries (and still are in some locales) are missing a key distinction: those no shopping laws closed both the large and the small stores. This asinine (yes, that's my opinion) law only targets the large stores, while it specifically permits the small outfits to remain open. That is, after all, the whole intent of this stupidity.



Actually "the whole intent of this stupidity" is very likely designed to win votes from the Moms and Pops of the small stores. Pretty sure the people who made this law couldn't care less about the success of the small stores...but if an idea is a people pleaser it will get made and passed into law.

Looks to me like a pretty smart move in terms of shoring up support for a re-election.
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Sat Oct 20, 2012 2:12 am    Post subject: Reply with quote

TheUrbanMyth wrote:
CentralCali wrote:
By the way, those who are bringing up the "no Sunday shopping" laws, aka Blue Laws, that used to be so prevalent in some countries (and still are in some locales) are missing a key distinction: those no shopping laws closed both the large and the small stores. This asinine (yes, that's my opinion) law only targets the large stores, while it specifically permits the small outfits to remain open. That is, after all, the whole intent of this stupidity.



Actually "the whole intent of this stupidity" is very likely designed to win votes from the Moms and Pops of the small stores. Pretty sure the people who made this law couldn't care less about the success of the small stores...but if an idea is a people pleaser it will get made and passed into law.

Looks to me like a pretty smart move in terms of shoring up support for a re-election.


Don't believe the hype. There are many more consumers in Seoul than business owners and consumers vote, too. When all is said and done this may be a long-term battle but Costco isn't going anywhere unless it chooses to leave Seoul and take all of those tax benefits out of town. After all, money talks, and that one Yanjae store alone grossed $446 million last business year and that means plenty of sales tax paid into the coffers. How many of your small business owners handed all or any of the sales taxes that they are supposed to collect?
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byrddogs



Joined: 19 Jun 2009
Location: Shanghai

PostPosted: Sat Oct 20, 2012 2:18 am    Post subject: Reply with quote

dairyairy wrote:
TheUrbanMyth wrote:
CentralCali wrote:
By the way, those who are bringing up the "no Sunday shopping" laws, aka Blue Laws, that used to be so prevalent in some countries (and still are in some locales) are missing a key distinction: those no shopping laws closed both the large and the small stores. This asinine (yes, that's my opinion) law only targets the large stores, while it specifically permits the small outfits to remain open. That is, after all, the whole intent of this stupidity.



Actually "the whole intent of this stupidity" is very likely designed to win votes from the Moms and Pops of the small stores. Pretty sure the people who made this law couldn't care less about the success of the small stores...but if an idea is a people pleaser it will get made and passed into law.

Looks to me like a pretty smart move in terms of shoring up support for a re-election.


Don't believe the hype. There are many more consumers in Seoul than business owners and consumers vote, too. When all is said and done this may be a long-term battle but Costco isn't going anywhere unless it chooses to leave Seoul and take all of those tax benefits out of town. After all, money talks, and that one Yanjae store alone grossed $446 million last business year and that means plenty of sales tax paid into the coffers. How many of your small business owners handed all or any of the sales taxes that they are supposed to collect?


That is an interesting point. I'd venture to say that it is on the lower end of what should have been.
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Sat Oct 20, 2012 2:23 am    Post subject: Reply with quote

And that includes sales tax from reselling what they bought at Costco.
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alongway



Joined: 02 Jan 2012

PostPosted: Sat Oct 20, 2012 2:50 am    Post subject: Reply with quote

dairyairy wrote:
And that includes sales tax from reselling what they bought at Costco.


I don't know about Korea, but can items be taxed twice like that? I seem to recall back home, that businesses bought items "wholesale" without tax.
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