Wal-Mart's Toughest Competitor

Wal-Mart's toughest competitor doesn't believe in paying workers poorly.

1 minute read

July 19, 2005, 10:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"Costco's average pay, for example, is $17 an hour, 42 percent higher than its fiercest rival, Sam's Club. And Costco's health plan makes those at many other retailers look Scroogish...Good wages and benefits are why Costco has extremely low rates of turnover and theft by employees...Costco's customers, who are more affluent than other warehouse store shoppers, stay loyal because they like that low prices do not come at the workers' expense."

Thanks to Julie Donan

FULL STORY: How Costco Became the Anti-Wal-Mart

Monday, July 18, 2005 in The New York Times

Community / Economic Development United States

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