Why I love Costco and you should too. But not everyone is happy - TopicsExpress

Why I love Costco and you should too. But not everyone is happy with Costcos business strategy. Some Wall Street analysts assert that Mr. Sinegal is overly generous not only to Costcos customers but to its workers as well. Costcos average pay, for example, is $17 an hour, 42 percent higher than its fiercest rival, Sams Club. And Costcos health plan makes those at many other retailers look Scroogish. One analyst, Bill Dreher of Deutsche Bank, complained last year that at Costco its better to be an employee or a customer than a shareholder.

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