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Re:How the Cheesecake Factory defied the restaurant industry... by asciimike on Thursday July 27, 2023 @11:51PM (#36902960)
As a side note, my favorite writing on Costco being Costco is here: https://minesafetydisclosures.com/blog/2018/6/18/costco
Re:How the Cheesecake Factory defied the restaurant industry... by shalmanese on Thursday July 27, 2023 @11:55PM (#36902977)
Mine Safety Disclosures is one of the most slept on blogs! Everything they write is a banger!
Re:How the Cheesecake Factory defied the restaurant industry... by shostack on Friday July 28, 2023 @12:51AM (#36903206)
Can I get this in newsletter format or something?
Re:How the Cheesecake Factory defied the restaurant industry... by fiddlerwoaroof on Friday July 28, 2023 @03:02AM (#36903809)
Re:How the Cheesecake Factory defied the restaurant industry... by philsnow on Friday July 28, 2023 @02:57AM (#36903783)
I'm not familiar with this idiomatic use of "sleep on", can you explain it a bit?

Is it like "discounted" (not as in lower price, but as in to hold a low opinion of)?

Re:How the Cheesecake Factory defied the restaurant industry... by reaperman on Friday July 28, 2023 @03:05AM (#36903826)
It's modern slang for "underrated".[0]

0: https://www.urbandictionary.com/define.php?term=slept%20on

Re:How the Cheesecake Factory defied the restaurant industry... by fbdab103 on Friday July 28, 2023 @12:06AM (#36903018)
This was way too engaging. Has there ever been a more recent follow-up with updated numbers?
Re:How the Cheesecake Factory defied the restaurant industry... by lotsofpulp on Friday July 28, 2023 @09:05AM (#36906202)
I imagine it would be the same situation. I am not sure what the purpose of this presentation was anyway, Costco was never in any danger from Amazon. They are in two completely different markets.

The cost of energy and labor to deliver big, heavy goods to an individual's house is obviously more than the cost for individuals to go to a giant store and get it themselves.

If Amazon had opened a store like Costco selling bulk goods, then it might have made sense.

Re:How the Cheesecake Factory defied the restaurant industry... by MSD1976 on Friday July 28, 2023 @04:26PM (#36912822)
Costco stock dropped 10% when AMZN bought Whole Foods: https://money.com/amazon-whole-foods-costco-wal-mart/
Re:How the Cheesecake Factory defied the restaurant industry... by ProjectArcturis on Friday July 28, 2023 @09:45AM (#36906682)
Costco's profit was $2.7B when this was written. It was $6B over the last year.
Re:How the Cheesecake Factory defied the restaurant industry... by bombcar on Friday July 28, 2023 @08:33AM (#36905895)
The most surprising thing about that was how big an online retailer Apple is. I never quite realized that their standardized phones and computers mean I have never bought one in a store, not in the last 20 years …
Re:How the Cheesecake Factory defied the restaurant industry... by lotsofpulp on Friday July 28, 2023 @09:12AM (#36906291)
If Costco had an Apple computer in the configuration I wanted, I would buy it from Costco because Costco offers 2 year warranties on computers, whereas buying from Apple would only get you 1 year.

https://concierge.costco.com/app/answers/detail/a_id/1001211