The Most Gangster Grocery Store On Earth - Costco | The Fat Files | History Teacher Reacts
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- Опубликовано: 12 сен 2024
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Original Video: • The Most Gangster Groc...
I just recently joined Cotsco. It's perfect timing for our friend the Fat Electrician to talk about the history of Costco! Mr. Terry reacts and comments!
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What do you think of Cotsco?
Ive never been
It looks like a warehouse and is fairly affordable
It’s just a Sam’s Club for wine moms
I live in upstate New York, and I think we only have 1 store in a 50 mile radius. So unfortunately I haven’t had the pleasure of exploring a Costco
@@jeffslote9671Sam's Club is Walmart copying Costco.....
The rules are clear now: if Mr Terry releases a rap song, he has to stop in the middle of it to give us a history quiz.
I couldn’t live above Costco. I’d be eating jumbo hotdogs, awesome greasy pizza or the heart attack causing chicken bakes every day. I wouldn’t make it to 40.
Honestly the Costco rizz is real. My ex loved their soft chocolate chip cookies. I got her those offer, and in late 2019 she jokingly asked me for 3 gallons of hand sanitizer. They came in clutch and I got that hawk tua because of the joke coming in clutch during the meme virus.
Fedco - Geico started that way. You had to work for Fed Govt to get Geico. It actually stands for Government Employee Insurance Company
Never knew that. That’s a really cool fsct
Fun Fact: The people giving samples work for a company called CDS (Club Demonstrative Services) and they are not Costco employees. They only work in the building and each Costco has an office dedicated to them.
Never thought about why the electronics and other expensive stuff was first thing in EVERY Costco I've been in. Clever bastards...
Sol Price was an attorney who mostly worked with wholesalers and typically jewelry wholesalers. He started with a personal investment of 50k (~450k modern), collected that same amount from his clients and law firm as investment, and then relied on his contacts to start with an initial mix of jewelry, furniture, and liquor. Things expanded over time to become more typical of what we would expect.
And the second business was mostly personal investment because the dude was loaded from the success of costco. Also everyone in the industry looked real close at how it was doing amazing until he was forced out so he could basically just get a blank check by asking since fedmart essentially printed money when he was in charge.
Hey Mr Terry. I looked into the LA Costco development, and apparently it’s in the premises of an old hospital. It’s not yet built, but they’re planning to develop the site.
There are some developers designs online if you’re interested.
I live in Australia and we don’t have very many Costco’s at all, and there’s not one really convenient for me. I did, however, watch the New Zealand family go through Costco that they drove 3 1/2 hours to visit. I was just amazed.
One thing is for certain, if I had a convenient Costco, that’s where I would be shopping.
“I needed a new set of balls”
Don’t we all?😔
Costco pizza is pretty good
For the price it's fantastic.
yes
They are the 3rd biggest pizza chain in the world
The size of the pizza is ridiculous for what you pay.
Sub $11 for a 18in pizza can't be beat
A handful of years ago, Costco came to my workplace and served us free pizza for lunch in a transparent opportunity to get us to talk to their membership salespeople. Unintimidated, I had pizza and got pounced by a sales guy. I explained to him that I rent an apartment in my parents' basement, they have a membership, and if I want anything from Costco, they get it for me, so I don't need a membership. I saw him think deeply about that, and then he was like "Gas! You need a membership because you'll save so much on gas that it would be worth it." So I informed him I don't have a car. That's when he gave up and left me to eat my pizza in peace.
I heard that the CEO, in his profanity, threatened to kill that accountant or whoever that suggested raising the hotdog combo price. God Bless America
Edit: wow, meta. Look at that
Grandma has a Costco membership. I don’t know how often she uses it for groceries, but I do know she uses it for gas for the family.
I'm sorry that you only became a believer recently Mr. Terry but before they had the big cookies they had a large 1 dollar churro and that thing was so amazing. I'm sad that you will never be able to experience the joy that the churro had brought me many years ago :(
I’d imagine that it’s much harder to shoplift from Costco, even without the exit-checkers, simply because they make sure even their smaller items, like pill bottles and shaving razors, have bulky packaging.
My city is getting its first Costco soon. It’s taking over a 1970s Kmart shopping center a mile away from house. They’re demolishing the current structure and building a new one much like Walmart did a few blocks down in the 90s.
Hope your city enjoys it. It's a nice store.
about the theft prevention not being worth it: most supermarkets here in switzerland have stuff like plants, flowers, gardening utensils and so on outside, you take it in to pay. and most of them do not take it in over night. they just leave it out completely unguarded, usually not even a camera. because it's cheaper to havea few people steal a few plants rather than investing the money into labour that it would take to protect them
I've been to IKEA just for the meatballs 😅
Watch this reaction to TFE next! ruclips.net/video/GmB0T5bMhhg/видео.html
Another great video, thanks. DaVinci is an all time great he might even be number two, but I feel if the Library of Alexandrea hadn’t been burned, Archimedes would be the GOAT.
my local costco is ALWAYS giving out free samples of foods theres like atleast 12 different stands around the store
@20:00 Reps from other companies: Many of these are "trials". Let's say a boutique coffee roaster wants a contract with CostCo. They'll set up a stand and sell their product for a couple of weeks at whatever price they would contract for, then they'll do it again in six months, and maybe a third time. If sales hit certain targets, CostCo offers a permanent contract and then that item becomes a regular item on the shelves.
Feel you with that overwhelmed stuff but mostly because some salesman wanna come over after you've been looking for 10 seconds and push something instead of giving the information so i can choose for myself.
To be fair, nearly everyone struggles with too many choices in one way or another. I've heard it referred to a number of ways, but my two favorites are option overload, and analysis paralysis.
You have to buy about 96 items to make back your membership, but the hotdogs are the best buy, by far.
If you do your grocery shopping there, you could easily do that in like 2 months
96 items? So grocery shopping?
Don't forget the gas. Cotsco is usually $0.10 - $0.15 cheaper than other gas stations and that can pay for the membership by itself without you ever stepping foot in the store.
@@skair9000 I'm not saying it's hard.
Non-american here, how much is the membership?
We were members of Price Club, I think in 1990. It later became Costco. You can get 2 membership cards for each membership account.
Where I’m at we have Sams. Which is basically Costco, right down to the roast chickens.
In my economics class in hs we had to compete against each other. Our strategy was run through a computer model to determine how successful it was. This is 1997 so the computer model wasn’t as refined as it is now. My team was second place going into the last week so we made a cheaper product and tripled our ad budget… we took over 1st with a shitier product…
I did the math one day and by buying diapers, wipes, and formula at exclusively at Costco my family has saved thousands. Also it’s in the deli section but get the ready to bake Mac and cheese in the metal pan with clear plastic lid. It is insanely good.
23:35 I've been told you can go to the food area and get food even without a membership
sounds like COSTCO uses a similar model as IKEA does. costco goesnt exist here, but a lot of what he says sounds like how IKEA works around here.
I think the distinction between wanting choices and not wanting to choose is that we instinctively know if we only get one choice, it's because we don't like to think - but we also know we've been stuck with things that didn't meet our needs because there were no options. We see choice as the same way we do a fire exit - something we don't want to use but we don't want to see gone.
To give an example - I used to buy whatever tomato sauce can was cheapest. They were all an acceptable quality and none really stood out when I started shopping for myself, so decision made, I grab the lowest number on the shelf without thinking very much. Then, in 2021, I started noticing the Always Save tomato sauce was ruining everything I tried to cook with it as if I'd added a bunch of water to it, meanwhile the price of all of them was skyrocketing because pretend shortage. Because I was angry and my irrational brain felt this had to be some evil corporate scheme to take advantage of me, I tried to use facts to stop that irrational part of my brain. I went out and found that the price should have risen between 40 and 60% but it was more like 120%...before factoring in the fact that they watered it down by an enormous amount. And, to make matters more face-palm worthy, they let the price creep up to the point where the percentage cost difference between them and the name brands wasn't that big anymore. So I bought the name brand, and it was fine. Then I tried the fancy stuff. Now I'm paying $1.10 on average for a can of "San Marzano" tomato paste, diluting it to turn it into sauce myself, and it tastes AMAZING while costing an average of 20% more. As opposed to 2020 where just going to the name brand was a 50% price increase.
So by having a choice, they weren't able to exploit me. But once that choice is made, I switch off my brain when buying it as long as nothing changes.
The cookies really slap. Want to have some more right now 🤤
I signed up for BJs Wholesale. They were much closer to me
The version of the hotdog story I heard is he said he would kill the person who raises the price 💀
Costco and IKEA do the same thing with food too. They seem to have a similar business models.
If my mom go to costco, I always tell her to bring hotdog.
I like their croissants
There is literally only one time that I’ve been to Costco and bought exactly what I wanted and left. 😅
Yes that’s okay to go in the exit.
No, that’s not weird. My old job used to have scheduled outings to go to Costco for lunch. We would coordinate the trip in stages so we didn’t clog up the line and send out group A B & C.
Fun story, when my husband and I first started dating (like two weeks in) we went to sign him up for a membership to Costco. The lady didn’t know I wasn’t signing up with him so she set out two forms for us to fill out and when I went didn’t start filling it out my hubs said, “well you heard the lady, start filling out the form” and that’s the story how my husband and I got a Costco membership together when we had only been dating for like 2 weeks. We will be married 5 years next month. Love him even more than I knew I did then. And we still go to the same Costco. We are friends with several workers there a few of them ended up being invited to our wedding.
Love the Costco chicken bake!!! And the berry sundae.
The whole asking your wife where she wants to go for lunch should be a short on RUclips.
I wonder if the whole "build homes while building your storefront" thing is why a local mall near me replaced an abandoned anchor store with an apartment complex.
Must be weird to have your ground floor literally an old school giant shopping mall.
its like WaWa on gas.
You can buy the chicken bakes in the freezer too!
I don’t need a tv. I need food. When I go, I get what I came for. I don’t impulse buy.
Its how gyms make money. They don't expect you to get the value that you expect.
I don’t usually care for boiled hot dogs but I love Costcos!
Costco in Toronto are planned the same way. One thing you can count on that will have a long line is the return line and the food court. And you are definitely not walking out with just one or two items
their hotdogs are good, but the polish sausage beats it by a long shot.
A Costco with apartments over it?? All Costco's should be like that.
I would absolutely live there
I watched the original video while eating Costco Pizza 😂
I don't know if it is still the case, but a couple decades ago I read a report that a big part of Costco's ability to keep prices low is that they attempt to only stock items they can turn over quickly, with quickly being before they have to pay their suppliers for the product.
It's true. Most distributors have NET30 terms, so costco has to pay them in 30 days, but their average turnover is 26 days for their products so costco has the money in hand to pay the distributors prior to the bill being due.
Currently I prefer Sam’s Club because of scan and go. You shop then scan the upc codes and pay, I never wait in line just head to the door
Nope, i love having options and not having to explore the whole store to find things.
Going to costco for lunch is not weird at all and yes the chicken bake is great.
Love my Costco membership and try to shop there when I can.
I get my sams on line just bulk items that I get like paper plates silverware and the occasional chicken. LITERALLY everything else I have to go else where because they do not carry what I prefer. So they don’t get much money from me for their food product sales. There’s not enough choices, they don’t have what I WANT. Edit: I will buy SAMS premade meals sometimes, their manicotti and Alfredo etc. buy it, take it home and bake it. Done.
The chicken bake used to be better…they were as long as they are now but thicker and had more filling
I used to get lunch at Costco everyday because it was cheaper than meal prepping lmao.
I actually like having options, because I like variety. Plus, I'm poor, and poor people look for the best value, but that's probably why I order my stuff online.
When I lived in Shanghai, I would occasionally go to Costco (only one in China at the time) just for the pizza. It was really good. The sauce was sort of like a paste and there was a lot of cheese on it, but it was really good pizza. Nearly similar to Papa Johns. Not saying Papa Johns is shit pizza, just saying the Costco in China had QUALITY food. The other stuff wasn't really quality. I know a lot of Chinese in the US that buy bulk at Costco in the US and resell it on Alibaba or something back in China. That's how I managed to find clothes that fit me because I'd order the stuff online from Alibaba in my size. The Shanghai Costco had Chinese sizes aka little kid size.
It’s awesome, but don’t expect to walk out without a big dent in your wallet, simply because you’re buying in bulk. Big savings overall, but an immediate hit to your budget. It’s best suited those shopping for family or large gatherings, organizations, etc. That said, even shopping for just a couple people it’s still worth it.
I need to see the cosco in California
the most gangster grocery store on earth😂..., while outside the US no one ever heard of costco...
Costco is very good, never tried Sam’s
Also Costco with international stores got different food at their courts 😩
I’ve never seen a great deal at Costco
It’s not weird at all to go just for the food. My wife and i do that a lot. It’s the cheapest lunch date you can possibly get
I know exactly what I want BECAUSE I have many choices. I know that I hate original basic ranch and that I want a different one and if they only have one choice I’m driving somewhere else. Same with tomato sauces. Some are better than others and I wouldn’t know that without choices and then I can choose the better one I prefer. That is FREE MARKET.
I snuck into Costco on accident
Not weird my family and I do the same thing.
If you watch Legal Eagle’s most recent video, this guy may be running an illegal lottery.
PROFITS MIGHT BE WAFER THIN IN USA BUT IN UK TESCO AND ALL OTHERS MAKING A FORTUNE ON THE BACK OF THE PEOPLE AS ARE THE FUEL COMPANIES
Well I am off to go get a costco membership
I know another song you can react to, it’s called “two days into Belgium”
That song is stuck in my head.
@MrTerry Have you see the Korean War channel on youtube? How did you mange to make it into the thumbnail this past week?
Housing on top of businesses is not new. It's an old concept from the 40's.
yep! The 840s B.C.
Possibly some native american history vids in the future?
Costco Pizza is the BEST!!!!!!!!!!!!!!!!!!!
i would love to live on top of my grocery store, i hate shopping, i just dont want to live in california
i go into costco and rarely get more than i wanted in the first place. but then, i've worked out what it takes to keep me fed, so it's easy to budget around it
Are you ok? You’re very pail.. just making sure.
Hi. I’m an actual Costco employee. You do have to go through the enter door to get to the Food Court, but you do not need a membership to buy items at the Food Court. Just ask the person at the door to go to the food court. Obviously without a membership you can’t buy anything besides alcohol and pharmacy prescriptions.
Where was you at when I was in school?
🎉
CJ
Oops
How tf are you being persecuted by costco
@@parkman29 wrong video I tabbed put and clicked this video by accident
Its fat electrician Mr Terry. I don't care what the video is it's right up your alley.
You are wrong about the card for your kid how long is you are with the person it is fine at least that's what me and my mom do I also Point to her to show that I'm with her and they're fine with it they also allow you to use the kiosks for the cafeteria without using their membership.
I'm Brazilian and the America Hot dog is so dry nothin like the "podrão" in here
Movie references please, didn't watch either
Sam’s Club is better
Depends. You can get early access by claiming a non-profit group like Boy Scouts. The hotdogs are still more expensive
@@nontrashfire2. I’m a pizzeria owner. Sam’s is more focused on small businesses than Costco. Thou Costco has a separate division that focuses primarily on small businesses
@jeffslote9671 what isle are all of your needs, always in?
@@jeffslote9671 I have a secret for you... they are not officiated