COSTCO: Doing the Right Thing

October 20, 2013

If you pay much attention to COSTCO, the Washington-based competitor to Walmart's membership-based warehouse store, Sam's Club, you know the chain is one of the better companies in the country in terms of how it treats its workers and customers. When asked why COSTCO is so successful and profitable, CEO James Sinegal said, "We pay workers $45k/year, provide health insurance and let them unionize—the opposite of what Walmart does."

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