Costco Love


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Nice piece in the Economist about how Costco’s model of operational simplicity leads to a unique position in modern retail: beloved by customers, investors, AND workers:

  • sell fewer things ➡️
  • get better prices from suppliers & less inventory needed ➡️
  • lower costs for customers ➡️
  • more customers & more willing to pay recurring membership fee ➡️
  • strong, recurring profits ➡️
  • ability to pay well and promote from within 📈💪🏻

Why Costco is so loved
The Economist

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