Novartis Consumer Health has begun a voluntary recall of several of their over the counter medications that were sold at Costco locations in the US and Canada.  According to Novartis they are conducting the recall as a precautionary measure because the products may contain stray tablets, capsules or caplets from other Novartis products or could contain [...]

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Jim Sinegal has ended his time as CEO of Costco, but he’s leaving behind a huge legacy of excellent leadership and corporate responsibility.  As a result of this he has ended his time as Costco CEO on a couple of lists touting him as one of the top CEOs.  I’m sure that is an accolade that we can [...]

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As many of you are probably aware, Jim Sinegal will be stepping back from Costco in 2012, he’ll still be around as an advisor and a board member, but will no longer be the CEO.  As a result of that big announcement, it seems like I’ve written quite a bit about Jim Sinegal in the [...]

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For those of you that are long time fans of Costco, or even originally Price Club members, you are well aware of who Sol Price was.  For those that are not so sure, Sol Price and his son founded Price Club in 1976, the first nationwide members-only warehouse club outside San Diego.  Then, in 1993, [...]

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Do you think the difference in salaries between Costco and Sam’s Club really makes a difference?  It seems that it does.  According to an article on AllBusiness.com, it makes a surprising amount of difference and can be quite a good lesson for other businesses. The average wage at Sam’s Club is $11.00 per hour, whereas [...]

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