Kyle Barker

63.7K posts

Kyle Barker banner
Kyle Barker

Kyle Barker

@Eazy_Bake

As heard on NPR x 2 , The AJC, and The Ringer | As quoted in NYT. As seen on WBZ. Equal parts Gucci Mane and Sevendust. HU | ΑΦΑ

ATL ➡️DC ➡️MIA ➡️ PHL➡️ ➡️BOS Katılım Mayıs 2009
804 Takip Edilen856 Takipçiler
Kyle Barker retweetledi
Anish Moonka
Anish Moonka@anishmoonka·
Your Costco membership costs $65. Fill up once a week, save about 25 cents a gallon on a 15-gallon tank, and you pocket $195 a year in gas savings. The membership pays for itself by April. Costco barely breaks even on every gallon it pumps. The $65 fee is the actual product they're selling you. Gas stations sit at 747 of Costco's 914 warehouses. Last year, fuel accounted for about $27 billion, or around 10% of the company's total sales of $270 billion. But a Wall Street analyst at Mizuho put it bluntly: Costco earns "penny profits" per gallon. They move 8 billion gallons a year, enough to fill about 12,000 Olympic swimming pools, and the fuel itself barely moves the needle on their bottom line. The money comes from membership fees. Fees make up just 2% of what Costco collects, but they generate 73% of the company's gross profit (the cash left over after paying for everything they sell). 90% of US members renew each year. 147 million people worldwide carry the card. Cheap gas makes the membership feel worth it, and the membership fee funds almost the entire business. That math explains why Costco is now opening a gas station with no warehouse attached. The location is in Mission Viejo, California, on the lot where a Bed Bath and Beyond used to sit. Forty pumps, 17,000 square feet, members only, opening late June. Costco's chief financial officer said on the company's most recent quarterly earnings report that about half of all members who gas up at Costco also walk into the warehouse and buy something. A standalone station kills that shopping trip entirely. Walking away from billions in in-store spending looks crazy at first glance. But gas prices are running $3.98 a gallon nationally right now, up 27% from last year because of the Iran war. The gap between Costco and the Chevron down the street can hit 20 to 30 cents per gallon at those prices. A standalone Costco pump in a busy suburb is the cheapest billboard the company has ever built. Every driver who sees those lower prices has a reason to get a membership. Every member who fills up has a reason to keep renewing at $65 next year. The station doesn't need to sell groceries. It needs to protect the fee that funds 73% of Costco's profit. A second standalone is already under construction in Honolulu, set to open in 2027. If both work, Costco can start pushing into crowded cities where a full-sized warehouse (about three football fields of floor space) would never fit, but a gas canopy on a dead retail lot will. Costco figured out how to charge you $65 for the privilege of buying cheaper gas, then use that $65 to fund three-quarters of their profit. The standalone station is the same play, just without the warehouse in between.
Pubity@pubity

CostCo will soon be opening their first standalone gas station, with plans to open more locations if this one succeeds. It'll have 40 pumps and prices much cheaper than competitors, but will only be accessible to CostCo members.

English
85
365
5.6K
2M
Kyle Barker
Kyle Barker@Eazy_Bake·
@lexluxxe EYE said the shoot looked bad. If folks think her hair was bad, that’s on them. It’s the internet/social media and opinions are like assholes….
English
1
0
0
10
Everyone Is A Narcissist
@Eazy_Bake You do realize black women were insulting her hair and not the shoot right? Thats why her feelings were hurt, but you ain’t watch the vi…never mind
English
1
0
0
10
Kyle Barker retweetledi
⚾️Bethune-Cookman Baseball
You Ranked 'Em, We Spanked 'Em. 😼 #𝙃𝙖𝙞𝙡𝙒𝙞𝙡𝙙𝙘𝙖𝙩𝙨 | #𝙋𝙧𝙚𝙮𝙏𝙤𝙜𝙚𝙩𝙝𝙚𝙧
⚾️Bethune-Cookman Baseball tweet media
English
19
212
913
40.8K
Kyle Barker
Kyle Barker@Eazy_Bake·
@lexluxxe Don’t have the 8.5minutes for the video, so I’m going off your quote. If she creative directed that one shot, she shouldn’t do that again and hire professionals. Her natural self isn’t bad; that shoot was bad
English
1
0
0
11
Everyone Is A Narcissist
@Eazy_Bake So her like I said. 😭 she creative directed the whole shoot and chose to be her natural self. Why is her natural self without extensions so bad? Why does she deserve to be “mocked” b/c ppl don’t get it?
English
1
0
0
14