News Roundup

October 2019

+ Where they now from Oct. 2014 –

+ Costco. 51M members/770 stores/$140B sales. Avg markup 11%/retail norm 25-50%. 3,700 SKUs/40K norm. 250,000 employees/150K FT). $21 avg hourly wage. (2X retail-Walmart avg.) 88% healthcare coverage. Shareholder value maximization be damned (but share price up 387% since 2000). – Tom Peters

+ A legend might return:  https://flymidwestexpress.com/

+ Non business trend:  https://www.inc.com/peter-gasca/the-1-non-business-trend-that-all-businesses-should-not-ignore.html

+ Warren Buffett quotes:  https://www.visualcapitalist.com/the-25-best-warren-buffett-quotes-in-one-infographic/

+ Annoying business words:  https://www.inc.com/scott-mautz/11-annoying-business-buzzwords-you-use-without-thinking-what-to-say-instead.html

+ World’s largest Starbucks:  https://www.inc.com/scott-mautz/11-annoying-business-buzzwords-you-use-without-thinking-what-to-say-instead.html

+ Competition: https://www.forbes.com/sites/quora/2019/09/06/what-are-the-biggest-mistakes-companies-make-when-it-comes-to-handling-competition/#29a4c09d784b

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