Acquired

Snapshot · Acquired

Costco

Explore episode Mar 4, 2026
Business
Sam's Club revenue vs Costco per store

Costco · Mar 4, 2026

The average Sam's Club generates about half the revenue of the average Costco, and that gap has widened over time, while Sam's Club's unit count is smaller today than a decade ago.

Where this was said

Carve-Outs and Closing

At 2:39:50 · chapter starts 2:39:40

The closing carve-outs section delivers a mix of product recommendations and media picks. Ben's first carve-out is Tifosi sunglasses — grippy, anti-slip, and cheap, solving his long-running annoyance of sunglasses sliding during runs. His second is a mashup by NYC DJ Dwells of Radiohead's 'Everything in Its Right Place' and Kendrick Lamar's 'N95,' posted by Jason Kottke — described as one of the best mashups Ben has ever heard, instantly transporting him back to college-era all-Radiohead programming sessions. David recommends the Patrick O'Shaughnessy / Jeremy Giffon episode of Invest Like the Best, praising it as one of the year's best podcast episodes for the density of mind-bending one-liners Giffon delivers. He also recommends San Francisco's Dogpatch neighborhood for a date night, specifically calling out an ice cream stop at Humphrey Slocombe and noting the neighborhood's transformation from its Hell's Angels era. The hosts close with subscription reminders — email list, LP program, Slack — and a shout-out to Fast Company writer David Lidsky for a piece chronicling Acquired's research process for the Nike episode.

Business
Costco China opening: 400K members

Costco · Mar 4, 2026

The first Costco store in China, which opened in 2019, attracted 400,000 members within 2 years — nearly 6x the 68,000-member average of a mature US store.

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