Acquired
Costco
David Rosenthal
Totally. This is anathema to Saul. He passes that down to Jim Senecal. It's anathema to Jim. Okay, so that's one trade-off. Here's another really big one. What do you pay your employees? So in 2006, Harvard Business Review published a really great piece called The High Cost of Low Wages, where they very directly compare Costco and Walmart employee salaries and benefits.
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