BELLEVUE, Wash. — Costco Wholesale Corp. said it plans to improve its financial picture in 2007 by boosting warehouse unit numbers and stripping out operational inefficiency, executives said at the company's annual shareholder meeting here last month. Jim Sinegal, president and chief executive officer, told the audience that on average each warehouse is grossing $129 million annually, which he said compares favorably with rivals Sam's Club and BJ's. Sinegal cited the company's 87% ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.