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Costco’s arrival brings opportunity, not just competition

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Source: Camarillo Acorn

The opening of Camarillo’s new Cost­co on Oct. 30 marks a milestone for the city, but for local businesses, it need not be a moment of apprehension. After all, Costco is hardly a newcomer to the neighborhood. For decades, Camarillo residents have shopped at the Costco in neighboring Oxnard, a location that began life as a Price Club. Oxnard also has a Sam’s Club. In 2022, Camarillo estimated that 36,650 city residents had made nearly 387,000 visits to the Oxnard Costco during the preceding year. The new warehouse, less than five miles from its Oxnard counterpart, brings something residents already know and patronize closer to home. That distinction matters. When Walmart expanded into smaller American communities, independent merchants faced a difficult question: How could they compete against a retailer with enormous purchasing power and seemingly endless inventory? Some couldn’t. Others discovered that competing didn’t necessarily mean matching prices.

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Read the original at Camarillo Acorn

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