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 [...]

[Read more →]

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, [...]

[Read more →]

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 [...]

[Read more →]

There seemed to be a bunch of news about new Costco locations this month.  I don’t know if that has to do with the build up of planning items for new locations that will open in 2012 or just how slow planning organisations are in most cities or something else entirely.  In any case, lots of news [...]

[Read more →]

Thanks in part to Costco’s $22 million campaign donation, Initiative 1183 passed in the recent Washington state vote.  If you’re not familiar with 1183, this is the initiative that will privatise Washington’s state run liquor business.  Of course, there are some measures in place to keep just any little store from selling liquor; places like mini-marts will not [...]

[Read more →]