Acquired
Costco
David Rosenthal
not to offer credit, but specifically not to offer credit. Another one of the big benefits of moving to this business wholesale model was they could get out of the credit card game that they had to play at FedMart. When they were only selling to businesses, when that was the plan, it was like, hey, cash or check, that's it. No credit card exchange fees that we're going to have to bear.
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