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View Diary: Hail to the Chief (Executive Officer) Craig Jelinek of Costco! (11 comments)

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  •  Good labor practices are the foundation of a (4+ / 0-)
    Recommended by:
    Uncle Moji, bluezen, PeterHug, greengemini

    successful, long term business. Consider the WalMart model versus the Costco model. WalMart shelves are scantily stocked because more consumers are awakening as to the poor quality of WalMart products and poor service.

    Costco is packed to the walls with merchandise, and the service is much better.

    I would also imagine that Costco is a better credit and pays vendors in 30 days, rather than the 120 days it takes WalMart to pay many vendors. In this difficult business climate, slow payers are getting slow-shipped on re-stocking, and the good payers are getting their orders filled quicker.

    You can't go back and rewrite your past, but you can use your past to create your future. ~ Ray Lewis

    by 4Freedom on Fri Mar 08, 2013 at 01:07:56 PM PST

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