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	Costco - Wikipedia, the free encyclopedia
		Costco Wholesale Corporation (NASDAQ: COST) is a membership warehouse club chain and headquartered in Issaquah, Washington, United States, with its flagship warehouse #1 in nearby Seattle.
		Costco employs about 118,000 full- and part-time employees, including seasonal workers, and for fiscal year 2005, ended in August, the company's store sales totaled $51.9 billion of which $1.063 billion was net profit.
		Costco is only open to members and their guests, except for purchases of liquor, gasoline and prescription drugs in some U.S. states due to state law and liquor license restrictions.
	en.wikipedia.org /wiki/Costco (659 words)

	Rivalry between Wal-Mart, Costco also extends to national politics - The Boston Globe
		Costco chief executive Jim Sinegal, 68, is a Democrat who says Bush's $1.7 trillion in tax cuts unfairly benefit the wealthy.
		Costco wouldn't have to raise salaries with Kerry's proposal to increase the minimum wage to $7 an hour, from $5.15 now.
		Costco's stores are mostly located on either coast, with 208 of its 321 stores in the higher-wage, more union-friendly 20 states that voted for Democrat Al Gore in 2000.
	www.boston.com /business/articles/2004/07/25/rivalry_between_wal_mart_costco_also_extends_to_national_politics (902 words)

	Responsible Shopper Profile: Costco (Site not responding. Last check: 2007-09-20)
		Costco workers receive an average hourly wage of $15.97 an hour, and 82 percent are covered by a company health plan, resulting in a turnover rate of just six percent per year.
		In February 2005, a woman filed a lawsuit against Costco claiming a supervisor sexually harassed her and that she was the target of retaliation once she reported the alleged abuse.
		Costco achieved a score of 57 on the Human Rights Campaign Corporate Equality Index which rates large corporations on policies that affect their gay, lesbian, bisexual and transgender employees, consumers and investors.
	www.coopamerica.org /programs/rs/profile.cfm?id=207 (1292 words)

	Wake-Up Wal-Mart: How Costco Became the Anti-Wal-Mart
		Costco's average pay, for example, is $17 an hour, 42 percent higher than its fiercest rival, Sam's Club.
		Sinegal as being too generous to employees, noting that when analysts complained that Costco's workers were paying just 4 percent toward their health costs, he raised that percentage only to 8 percent, when the retail average is 25 percent.
		Costco was founded with a single store in Seattle in 1983; it now has 457 stores, mostly in the United States, but also in Canada, Britain, South Korea, Taiwan and Japan.
	www.wakeupwalmart.com /news/20050717-nyt.html (2167 words)

	Costco's love of labor: Employees' well-being key to its success
		Costco's stock is trading at about 21 times analysts' earnings per share estimates for its current fiscal year; Wal-Mart's stock is trading about 25 times analysts' estimates.
		The Teamsters' recent contract talks with Costco in California were "pretty amenable," Aloise said, and after five months the two sides agreed on a number of issues including a 40-cent hourly wage increase in the first year of the contract.
		Costco has undertaken a six-year plan to increase its profit margin from 3 percent to 4 percent.
	seattlepi.nwsource.com /business/166680_costco29.html (1278 words)

	Costco
		Costco projects where eminent domain or the threat of it has been involved in acquiring land for redevelopment." One Costco shareholder, however, is now calling on the company to end this practice.
		Costco sits on land that was once a local marina and lobster shop, two small apartment buildings, and a number of other small businesses run by hardworking immigrants.
		Although Costco declined to raise Watson's concerns with its investors, Watson is planning to attend the meeting and ask the question when the microphones open for general questions after the business meeting is concluded.
	www.propertyrightsresearch.org /costco.htm (1259 words)

	Urban Legends Reference Pages: Costco
		Costco is perhaps the epitome of the bare-bones warehouse outlet: huge, undecorated cement-floored stores whose aisles are stacked with a limited number of products which shoppers can obtain at deep discounts by buying in quantity.
		Costco has grown tremendously since its beginnings as a single store opened in Seattle in 1983, in large part due to the efforts and expertise of CEO Jim Sinegal, who was tapped to help found the enterprise because of his experience with a similar venture, the Price Club chain of high-volume warehouse stores.
		Costco was founded in, and remains headquartered in, the state of Washington.
	www.snopes.com /business/alliance/costco.asp (393 words)

	Company for the People (Seattle Weekly)
		Costco was experiencing flat earnings growth for the year, and Wall Street thought it knew just what to blame.
		Costco is a retailer of ever-growing size with, according to the latest figures, $47 billion in annual revenue, 113,000 employees, and 449 warehouses internationally in locations including the United Kingdom, Japan, and Mexico.
		She says the Costco vice president who recruited her assured her that she wouldn't have to wait longer than a year to be promoted to warehouse manager.
	www.seattleweekly.com /news/0450/041215_news_costco.php (4931 words)

	Japan Costco - Machida, Tokyo Store Information
		Costco will be placing signs on both the Chuo and Tomei expressways, along with signs all around the vicinity of the store, to guide drivers to the store.
		Costco's typical book table has most of the same books you'd find in a US store, and most are in English.
		Presumably, when Costco grows big enough here, they will be able to cut out middle men more effectively and force their suppliers to sell at lower prices (and finally recoup their losses and then some).
	www.globalcompassion.com /costcojapan.htm (1661 words)

	Costco - Uncyclopedia (Site not responding. Last check: 2007-09-20)
		Costco was first opened in the Russian city of Irkutsk, from where it spread to Mongolia and China.
		The presence of Costco in those countries increased their amount of Jews by 78,042,556% from 1394 to 1888, appeasing Bob and allowing him, along with Wilde and the JJL, to open Costcim (plural of Costco) in Milwaukee, Waltham, Miami, and San Andreas.
		By the year 2044, Costco is expected to have 78,042,556 locations (apparently a magic number for Costco) on Earth, 37,534,098 in the city of Tel Aviv alone.
	uncyclopedia.org /wiki/Costco (349 words)

	Cool Tool: Costco
		Rather Costco aims for some sort of consumer satisficing, to use Herb Simon's term: a high quality that is just good enough, but at a low-end price.
		Costco has a reputation for bulk food items, but many of these are slow perishables, and many items are not that bulky.
		Some of their best deals are one-offs; items that appear briefly and then are gone forever: over the years I've seen fantastic (not corny) authentic stain glass windows for cheap, great wet suits, new hot tubs about half off, and I kid you not, funeral caskets (where I would hope "good enough" would suffice).
	www.kk.org /cooltools/archives/000617.php (527 words)

	Costco's Dilemma: Is Treating Employees Well Unacceptable for a Publicly-Traded Corporation?
		Costco, which opened its first store in 1983 and now has 432 locations, disputes the contention that it takes care of workers at the expense of investors.
		Costco has won a reputation for having the best benefits in retail, a sector where labor costs account for about 80% of a typical company's total expenses.
		Costco's health plan offers a broader range of care than Wal-Mart's does, and part-time Costco workers qualify for coverage in six months, compared with two years for Wal-Mart part-timers.
	www.reclaimdemocracy.org /articles_2004/costco_employee_benefits_walmart.html (1454 words)

	How Costco Became the Anti-Wal-Mart - New York Times
		A Costco warehouse store in Tigard, Ore. The company is challenging the idea that discount retailers must pay workers poorly.
		JIM SINEGAL, the chief executive of Costco Wholesale, the nation's fifth-largest retailer, had all the enthusiasm of an 8-year-old in a candy store as he tore open the container of one of his favorite new products: granola snack mix.
		Sinegal's philosophy, it is not obvious: Costco's stock price has risen more than 10 percent in the last 12 months, while Wal-Mart's has slipped 5 percent.
	www.nytimes.com /2005/07/17/business/yourmoney/17costco.html?ex=1279252800&en=8b3103305fea6d68&ei=5090&partner=rssuserland&emc=rss (825 words)

	The Seattle Times: Food & wine: Costco is THE place for inexpensive dining
		Perched on a bench in the Costco food court, amid the din of clanging shopping carts, 4-year-old Ellie Gottesman nibbles at a huge slice of cheese pizza, swings her dangling legs back and forth, then sips berry smoothie through a straw.
		Costco's food court has expanded its menu to about a dozen items since its beginnings more than 20 years ago as a hot-dog cart.
		Costco menus are limited to around a dozen items at a time, most easy to cook.
	seattletimes.nwsource.com /html/foodwine/2003014234_warehousedining24.html (856 words)

	Costco’s Corporate Welfare - by Dana Berliner - The Heartland Institute
		Costco sits on land that was once shared by a number of successful small businesses run by hard-working immigrants.
		Costco also defends its eminent domain policies on the ground that the development projects are sometimes successful, generating tax dollars and jobs for the municipality.
		Costco also claims that if it failed to take advantage of eminent domain, it would not be able to compete with other large retailers that also have no scruples about building on land taken from someone else.
	www.heartland.org /Article.cfm?artId=11728 (758 words)

	USATODAY.com - Costco wins loyalty with bulky bargains (Site not responding. Last check: 2007-09-20)
		Costco CEO James Sinegal, 68, who co-founded the company and is well off enough to count Microsoft CEO Steven Ballmer as a neighbor, frequently wears Costco's house-brand Kirkland Signature dress shirt — a $12.99 item that he says would be $40 at a store like Nordstrom.
		Costco is concentrated in urban areas along both coasts; Sam's more so in the East, the nation's midsection and suburban areas.
		Costco shares are up 10.8% this year through Wednesday, adjusted for dividends and splits, vs. 6.3% for the SandP retail index.
	www.usatoday.com /money/industries/retail/2004-09-23-costco_x.htm (1930 words)

	Costco Scholarship Fund
		Costco has joined forces with the University of Washington and Seattle University to create scholarships for underrepresented students.
		The Costco Scholarship Fund is administered by the Washington Education Foundation, a tax exempt 501(c)(3) organization, TIN #91-2036088.
		The Costco Scholarship Fund provides financial assistance to highly qualified underrepresented minority students who wish to attend Seattle University or the University of Washington.
	www.costcoscholarshipfund.org (261 words)

	CorpWatch : US: Higher Wages Mean Higher Profits
		Costco also shells out thousands more a year for workers' health and retirement and includes more of them in its health care, 401(k), and profit-sharing plans.
		Costco is also savvier than Sam's and BJ's about catering to small shop owners and more affluent customers, who are more likely to buy in bulk and purchase higher-margin goods.
		Costco was the first wholesale club to offer fresh meat, pharmacies, and photo labs.
	www.corpwatch.org /article.php?id=10608 (1200 words)

	Costco begins test marketing caskets - U.S. Business - MSNBC.com
		At a Costco on Chicago's North Side, shoppers checking out the new casket kiosk Monday seemed to like the idea that the same store where they buy so many things for this life was branching into the afterlife.
		Costco is prepared for that, said Fred Elsner, general manager of the North Side store.
		But Lemke said the funeral home working with Costco might not be the one the family planned to deal with.
	www.msnbc.msn.com /id/5730441 (787 words)

	costco
		The suit against Costco also seeks class-action status, potentially on behalf of as many as 650 women who work or once worked for the company's more than 320 U.S. warehouse clubs in the last three years.
		The Costco suit was filed by Shirley "Rae" Ellis, a 48-year-old assistant manager at Costco's Douglas County, Colo., warehouse, who says she was unfairly passed over for promotion for six years, despite excellent performance reviews.
		Ellis also claimed Costco retaliated against her two years after she filed charges with the EEOC by moving her from a warehouse in Aurora, Colo., to her present store, requiring her to commute more than an hour and a half each way.
	online.sfsu.edu /~perttula/experience/costco.html (476 words)

	ABC News: Costco CEO Finds Pro-Worker Means Profitability
		Costco is now the nation's fourth-largest retailer, selling everything from crab legs to flat-screen TVs to caskets — and even a Picasso painting.
		Costco is also the largest seller of fine wines in the world.
		Costco doesn't have a P.R. department and it doesn't spend a dime on advertising.
	abcnews.go.com /2020/Business/story?id=1362779 (1287 words)

	Costco Rings Up Results - Forbes.com (Site not responding. Last check: 2007-09-20)
		Costco makes a sport out of figuring out how to maintain gross margins while selling merchandise as inexpensively as possible.
		Such frugality has helped Costco outperform other warehouse retailers, such as BJ's Wholesale Club (nyse: BJ - news - people), which is based primarily in the northeastern U.S., and Sam's Club, the warehouse division of the fearsome giant Wal-Mart Stores (nyse: WMT - news - people).
		Consider Costco's entry into the cashmere sweater market in 2001--within one year, Costco had sold one million $49 sweaters and accounted for 15% of the world's supply of cashmere.
	www.forbes.com /2004/12/07/cx_ld_1207overachiever.html (944 words)

	Bloomberg.com: U.S. (Site not responding. Last check: 2007-09-20)
		Costco CEO Jim Sinegal, 68, is a Democrat who says Bush's $1.7 trillion in tax cuts unfairly benefit the wealthy.
		IRS disclosure records show that Sinegal and Costco Chairman Jeffrey Brotman each gave $95,000 last December to the fund- raising arm of America Coming Together, a group organizing voters against Bush, and the Media Fund, which is running anti-Bush advertisements.
		Costco's operating profit in the year to August 2003, including international operations, was $1.2 billion on sales of $42.5 billion.
	quote.bloomberg.com /apps/news?pid=10000103&sid=amSB.R0Q2nAQ&refer=us (1709 words)

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