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It Doesn't Do Costco Any Good If Nobody Can Afford To Buy Anything.
-James Sinegal
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It Doesn't Do Costco Any Good If
James Sinegal
It Doesn't Do Costco Any Good If Nobody Can Afford To Buy Anything.
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Topic
Costco
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I Say At Our Management Conferences That The Amount Wal-mart Grows In Just One Year Is The Equivalent Of Costco's Size.
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If You're Going To Say To All The People That You're Working With, 'we Want You To Treat The Customers Honestly; Don't Lie And Don't Cheat,' It Is Somewhat Hypocritical If You're Not Following The Same Rules.
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It's Like Heroin: You Do A Little And You Want A Little Bit More. Raising Prices Is The Easy Way.
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We've Always Been In Favor Of Improved Wages For Workers. When You Have A Strong Middle Class, They Want To Buy More Stuff At Costco.
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You Could Raise The Price Of, Say, A Bottle Of Ketchup To $1.03 Instead Of $1, And No One Would Know. Raising Prices Just 3% Per Product Would Add 50% To Your Pretax Income. Why Not Do It? It's Like Heroin: You Do A Little And You Want A Little Bit More. Raising Prices Is The Easy Way.
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