Originally posted by: Future Shock
Originally posted by: Moonbeam
I guess GenX has ridden the train that chugs through the lands of eminent domain while protesting the liberal who saves a buck at WalMart.
I also do not shop at WalMart because of what they are and how they pay their people. I go to CostCo for a deal.
COSTCO has the best retail model in the world at the moment, IMHO. I do ALL my shopping there (almost - I never need more than a small bit of some things like sugar). But the prices are great, and they treat their people with respect - nearly full medical coverage, living wages, and the works. They also have a great mix of brands - you CAN buy Prada handbags at my local COSTCO in northern England, along with Swarovski (sp?) crystal chess sets...and you can also buy dog food by the ton, and meat in economy 12 packs (very good meat too). Their "store label" Kirkwood coffee in 2lb cans is Starbucks-sourced (says so in fine print, and tastes it too). They have crossed a high-volume, high-bulk model with upscale branding, and it's frankly fantastic.
Oh, yeah - why did they do this? Because the founder and CEO of COSTCO is a NICE GUY that when interviewed obviously has his viewpoint much, much longer than next quarter's profits only...like where his brand-image will be in 5 years, and will most of his staff still be working for him then...bright, bright guy. I think Sam Walton was too, but his successors have none of Sam's innate goodness and homespun values, merely the next quarter's profits...