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Stock impact report

Costco credit card change gives it a $1,000 edge on Sam's Club [Yahoo! Finance]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: Yahoo! Finance
Costco and Sam's Club often operate across the street from each other. When they don't, most consumers pick the location closest to them, because for many Americans, joining a warehouse club means driving longer distances than shopping at traditional grocery chains. "Research shows that the average travel distance to a warehouse club can be more than 15 miles, compared to less than 5 miles for traditional grocery stores," according to an academic study by Concordia University graduate student Hala Essabik. As a consumer, I mildly prefer Costco's product selection and food court over Sam's Club's, but I would not drive more than a few extra minutes if the Walmart-owned brand was closet to my house. Sam's Club actually outscored Costco on the recent American Customer Satisfaction Index (ACSI) report , 85 to 82, but both of those scores are above any other retailers except for Macy's and the TJX Brands, which both scored an 82. It's fair to say that Costco and Sam's Club offer Show less Read more
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