::Saturday, July 23, 2005::
COSTCO VS. WALMART
.. Costco is fast becoming to be the anti-Walmart, the antidote to the capitalist obsession for profits at the expense of the worker that has Wall Street as its cheerleader. Costco is striking the right balance for shareholders, employees and consumers keeping them all happy while at the same time staying profitable. While Walmart's average pay is a paltry $9.68 an hour, Costco's average is $16 - well above most retailers. I guess the secret is out (and a good one for me since I haven't shopped there) that there's actually a retailer that provides quality products at reasonable prices and not at the expense of its workers. The Walmart backlash continues.. Stay tuned.
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