Pen-Elayne on the Web

The Only Company Wal-Mart Fears

"You have to take the shit with the sugar, I guess. We think when you take care of your customer and your employees, your shareholders are going to be rewarded in the long run. And I'm one of them [the shareholders]; I care about the stock price. But we're not going to do something for the sake of one quarter that's going to destroy the fabric of our company and what we stand for."

That's James D. Sinegal, the president and CEO of Costco, which has been giving the hated Wal-Mart a fair run for their money. Read the whole article in Fortune (via Hesiod). Hmm, I wonder if he's looking for an admin assistant. Meanwhile, I think I'll pay my local Costco a visit...