A warehouse club is a retail store, usually selling a wide variety of merchandise, in which customers are required to buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners. The clubs are able to keep prices low due to the no-frills format of the stores. In addition, customers may be required to pay annual membership fees in order to shop.
The concept is similar to the consumers' cooperative supermarkets found in Europe, though using bigger stores and not co-operatively owned. The use of members' prices without co-operative ownership is also sometimes used in bars and casinos.
Read more about Warehouse Club: History, Examples, Alcohol Sales Without A Membership in The U.S.
Famous quotes containing the word club:
“I spoke at a woman’s club in Philadelphia yesterday and a young lady said to me afterwards, “Well, that sounds very nice, but don’t you think it is better to be the power behind the throne?” I answered that I had not had much experience with thrones, but a woman who has been on a throne, and who is now behind it, seems to prefer to be on the throne.”
—Anna Howard Shaw (1847–1919)