Recently there was a news story on CBS News about a lawsuit that will force manufacturers to disclose the levels of PCBs (or polychlorinated biphenyls)  in fish oil capsules.  The worry is that these levels are extremely high which is incredibly unsafe, not to mention illegal, because elevated PCB levels can lead to cancer.  So, a [...]

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Usually I can find a cohesive theme for the news stories about Costco, however, this time I’ve got a bunch of stuff that doesn’t really flow together.  There’s some news about new locations, American Express in Canada, and a new green (as in environmental, not color) product.  So, just a whole lot of stuff that [...]

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I’m sure you have all heard the news by now (I figured I should mention it anyway): there is talk of succession planning at Costco.  Just over two weeks ago, on February 1, the Board of Directors for Costco announced that it was appointing Craig Jelinek as Chief Operating Officer and President.  Prior to this, [...]

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Now, I know that technically this isn’t all about Costco, but this is about their biggest warehouse competitor, so I thought I should share it.
Walmart has decided that there are ten Sam’s Club locations around the country that aren’t performing up to their financial standards since they continue to lose money.  So, Walmart will be [...]

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Sol Price, the man that started it all with Price Club, passed away Monday at age 93. Without Mr. Price, there would have been no Costco, so I thought it only right to take a moment here to talk about his extraordinary influence on the retail market space.
Over 30 years ago, in 1976, Mr. Price [...]

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