Re: [Marxism] Walmart and Costco

[Andy <esquincle@xxxxxxxxxxx>]

On May 4, 2005, at 8:11 AM, Marvin Gandall wrote:

> What about the relative earnings and market share
> of the two companies? How does Costco withstand the inevitable
> pressure from
> its investors - I assume it's publicly traded - to bring its labour
> costs
> more into line with Walmart? Does anyone know?

This is something I've wondered about too.

On pressure from investors:
March '04 WSJ article reprinted at
http://reclaimdemocracy.org/articles_2004/
costco_employee_benefits_walmart.html

Costco executive pay is "low":
NYT April '04 article reprinted at
http://www.spaceship-earth.org/Letters/Editor/
Two_Pay_Packages,_Two_Different_Galaxies.htm

Costco seeks affluent customers:
Jan '03
http://www.businessweek.com/print/bwdaily/dnflash/jan2003/
nf20030129_6835.htm?chan=db&

Costco's relative earnings and share of the wholesale club market (vs.
Sam's and BJ's):
Dec '04
http://www.forbes.com/personaltech/2004/12/07/
cx_ld_1207overachiever.html



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