21. The warehouse clubs can do that, he argued, because they have no advertising expense, very low overhead and steady income from membership fees. 22. Warehouse clubs have assembled a combination of goods and services so broad and appealing, its attraction cuts through social, economic and cultural barriers. 23. Warehouse clubs offered a wide variety of merchandise, but over the years, the focus on groceries increased, often to the dismay of nearby supermarket chains. 24. Warehouse clubs sell merchandise, typically at cut-rate prices, to customers who pay a membership fee. 25. Wal-Mart has restricted its diversification to warehouse clubs and food, both selling on price. 26. Warehouse club shopping seemed to be a great equalizer. 27. Warehouse clubs, which are able to sell goods at cost and reap profits from membership dues, factor into both cases. 28. Provisions under the settlement allow for tighter controls on design and production, including a sharp reduction in the amount of merchandise sold to warehouse clubs and mass merchants. 29. Sales at many discounters and warehouse clubs were in line with or beat forecasts as consumers headed to low-priced merchandise. 30. Sales at many discounters and warehouse clubs were in line with or beat forecasts as consumers sought lower prices. |