BELLEVUE, Wash. — Costco Wholesale Corp. told shareholders it does not believe its sustainability efforts increase pricing to members, despite claims to the contrary from a shareholder at its annual meeting here last week.
"We are not in business to increase prices," Craig Jelinek, chief executive officer, told the shareholder. "What we always try to do is reduce costs, and we believe by and large that most efforts we engage in are consistent with our efforts to ...
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