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:

+ Non business trend:

+ Warren Buffett quotes:

+ Annoying business words:

+ World’s largest Starbucks:

+ Competition:


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