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Acquired

Costco

4412.326 - 4437.197 David Rosenthal

These price club warehouses were paying back their capital investment. quite quickly, especially relative to FedMart because of the cash flow dynamics that we were talking about. So Price Club was certainly doing fine. It wasn't declining. But Jim and Jeff at Costco and certainly Sam at Walmart and Sam's Club, they are pedal to the metal, aggressively expanding.

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