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costcos Tagged Articles
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The Good CEO: The Early Years of Costco's Jim Sinegal
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| The average customer visits their local Costco 22 times a year. The company has become one of the largest in the U.S., with 473 outlets and more than $50 billion in sales, and is also the largest membership warehouse club chain in the world. Its founder and CEO, Jim Sinegal, has been called the Sam Walton of the 21st century for his low-key style and seeming defiance of all things Wall Street. But, whether investors like him or not, America – and much of the rest of the world – has fallen in love with his discount depots. |
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Other costcos Related Articles
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The Good CEO: The Early Years of Costco's Jim Sinegal
| |
| The average customer visits their local Costco 22 times a year. The company has become one of the largest in the U.S., with 473 outlets and more than $50 billion in sales, and is also the largest membership warehouse club chain in the world. Its founder and CEO, Jim Sinegal, has been called the Sam Walton of the 21st century for his low-key style and seeming defiance of all things Wall Street. But, whether investors like him or not, America – and much of the rest of the world – has fallen in love with his discount depots. |
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Creating a Company That Cares: Costco's Climb to the Top
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| Sinegal was in one of the top two positions of power of a rapidly expanding company, when he decided to give it all up on a whim. Sinegal wanted to be on his own, to have the feeling of success that only comes from when you have started your own company from scratch. And so, in 1983, Sinegal joined forces with Jeff Brotman, a lawyer and the son of a former clothing retailer, and created his own warehouse retail club. |
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