Posted on 07/20/2005 12:54:46 PM PDT by Ace of Spades
ISSAQUAH, WASH. - Jim Sinegal, the chief executive of Costco Wholesale, the nation's fifth-largest retailer, crows about Costco's private-label pinpoint cotton dress shirts.
"Look, these are just $12.99," he said while lifting a crisp blue button-down inside Costco's cavernous warehouse store here in the company's hometown. "At Nordstrom or Macy's, this is a $45, $50 shirt."
Combining high quality with stunningly low prices, the shirts appeal to upscale customers — and epitomize why some retail analysts say Sinegal just might be America's shrewdest merchant since Sam Walton, the founder of Wal-Mart.
(Excerpt) Read more at chron.com ...
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO
6/30/2004
$25,000
Democratic Senatorial Campaign Cmte
SINEGAL, JANET L
MEDINA,WA 98039
N/A/VOLUNTEER
10/27/2004
$25,000
Democratic Congressional Campaign Cmte
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO
12/9/2003
$10,000
Democratic Senatorial Campaign Cmte
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO
4/22/2003
$8,000
Democratic Senatorial Campaign Cmte
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO WHOLESALE CORP./PRESIDENT &
12/4/2003
$5,000
Victory Campaign 2004
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO/CEO
3/11/2003
$4,000
Edwards, John
Sinegal, Janet L Ms
Bellevue,WA 98004
none/homemaker
8/6/2004
$3,000
DNC Services Corp
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
5/6/2003
$2,000
Murray, Patty
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
1/23/2004
$2,000
Murray, Patty
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
10/11/2004
$2,000
Obama, Barack
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO WHOLESALE
6/1/2004
$2,000
Farmer, Nancy
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO/PRESIDENT & CEO
8/19/2003
$2,000
Dean, Howard
SINEGAL, JAMES
ISSAQUAH,WA 98027
PRICE COSTCO/CEO
10/20/2003
$2,000
Smith, Adam
SINEGAL, JAMES
ISSAQUAH,WA 98027
PRICE COSTCO/CEO
4/5/2004
$2,000
Smith, Adam
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO/EXECUTIVE
10/1/2004
$2,000
Ross, Dave
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO/PRESIDENT & CEO
3/4/2003
$2,000
Lieberman, Joe
Sinegal, James D Mr
Issaquah,WA 98027
Costco Wholesale
5/31/2004
$2,000
Kerry, John
SINEGAL, JAMES MR
ISSAQUAH,WA 98027
COSTCO/PRESIDENT & CEO
10/21/2003
$2,000
Alben, Alex
SINEGAL, JAMES MR
ISSAQUAH,WA 98027
COSTCO/PRESIDENT & CEO
4/20/2004
$2,000
Alben, Alex
SINEGAL, JAN
ISSAQUAH,WA 98027
NOT EMPLOYED/NOT EMPLOYED
3/11/2003
$2,000
Edwards, John
SINEGAL, JANET
ISSAQUAH,WA 98027
NONE/NOT EMPLOYED
10/1/2004
$2,000
Ross, Dave
Sinegal, Janet L Ms
Bellevue,WA 98004
none
8/6/2004
$2,000
Kerry, John
SINEGAL, JIM
BELLEVUE,WA 98004
COSTCO WHOLESALE/RETAIL SALES
6/1/2003
$2,000
Lieberman, Joe
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
3/31/2003
$1,000
Dodd, Chris
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
3/31/2003
$1,000
Dodd, Chris
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
6/3/2003
$1,000
Murray, Patty
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
1/30/2004
$1,000
Murray, Patty
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
3/15/2004
$1,000
Dodd, Chris
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO WHOLESALE/PRESIDENT & CEO
2/24/2004
$1,000
McCarthy, Carolyn
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO WHOLESALE/PRESIDENT/CEO
2/23/2004
$1,000
Barbieri, Donald K
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO WHOLESALE/PRESIDENT/CEO
5/14/2004
$1,000
Barbieri, Donald K
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO WHOLESALE/PRESIDENT/CEO
9/29/2004
$1,000
Barbieri, Donald K
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO/PRESIDENT
8/29/2003
$1,000
Larsen, Rick
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO/PRESIDENT
5/12/2004
$1,000
Larsen, Rick
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO/PRESIDENT
5/12/2004
$1,000
Larsen, Rick
SINEGAL, JAMES
ISSAQUAH,WA 98027
PRICE-COSTCO/PRESIDENT & CEO
2/18/2003
$1,000
McDermott, Jim
SINEGAL, JAMES
ISSAQUAH,WA 98027
PRICE-COSTCO/PRESIDENT & CEO
7/31/2003
$1,000
McDermott, Jim
SINEGAL, JAMES D
HUNTS POINT,WA 98004
COSTCO/EXECUTIVE
10/13/2004
$1,000
Dicks, Norm
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO
6/4/2003
$1,000
Boxer, Barbara
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO
9/24/2003
$1,000
Knowles, Tony
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO
10/7/2003
$1,000
Daschle, Tom
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO
10/7/2003
$1,000
Daschle, Tom
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO WHOLESALE/CEO
8/28/2003
$1,000
Kennedy, Patrick J
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO WHOLESALE/CEO
4/6/2004
$1,000
Kennedy, Patrick J
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO WHOLESALE/CEO
4/6/2004
$1,000
Kennedy, Patrick J
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO WHOLESALE/CEO
5/25/2004
$1,000
Kennedy, Patrick J
SINEGAL, JANET
BELLEVUE,WA 98004
VOLUNTEER
7/30/2003
$1,000
Murray, Patty
SINEGAL, JANET
BELLEVUE,WA 98004
VOLUNTEER
1/30/2004
$1,000
Murray, Patty
SINEGAL, JANET
BELLEVUE,WA 98004
VOLUNTEER
1/30/2004
$1,000
Murray, Patty
SINEGAL, JANET
ISSAQUAH,WA 98027
HOMEMAKER
5/25/2004
$1,000
Kennedy, Patrick J
SINEGAL, JANET
MEDINA,WA 98039
VOLUNTEER
2/10/2004
$1,000
Cantwell, Maria
SINEGAL, JANET
MEDINA,WA 98039
VOLUNTEER/VOLUNTEER
10/9/2003
$1,000
Inslee, Jay R
SINEGAL, JAMES
BELLEVUE,WA 98004
COSTCO/EXECUTIVE
5/30/2003
$500
Dicks, Norm
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO
8/11/2004
$500
Boxer, Barbara
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
6/3/2003
($1,000)
Murray, Patty
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
1/30/2004
($1,000)
Murray, Patty
SINEGAL, JAMES
ISSAQUAH,WA 98027
COSTCO
1/30/2004
($1,000)
Murray, Patty
SINEGAL, JANET
BELLEVUE,WA 98004
VOLUNTEER
1/30/2004
($1,000)
Murray, Patty
SINEGAL, JAMES D
ISSAQUAH,WA 98027
COSTCO/CEO
4/4/2003
($2,000)
Edwards, John
SINEGAL, JAMES MR
ISSAQUAH,WA 98027
COSTCO/PRESIDENT & CEO
10/11/2004
($2,000)
Alben, Alex
The bulk food deal makes me have to eat like a horse before the stuff spoils. I usually buy food at the local grocery store.
And?
Shrewd retailer ping.
Yeah, but for stuff like soda and paper towels, stuff that lasts forever, they're a godsend.
the Ralph Lauren shirt you buy at Costco, is not the same Ralph Lauren shirt you buy at Ralph Lauren, or at Nordstrom. Sure, its got the same brand name label, but its a lower quality product designed for a store like costco.
Costco and WalMart do an entirely different kind of business. Costco only sells stuff that they can get at a huge discount. They don't carry everything, and the products they offer come and go. They don't have to operate on a tiny margin like full-service grocers -- including Wal Mart -- have to do.
that's true.
and their essentially lifetime warranty on things like electronics, plasma TVs - you can't get that anywhere else. although I suspect as they did with returns on PCs, they will be changing that policy soon.
Costco chairman, CEO give $95,000 each to defeat Bush
http://www.freerepublic.com/focus/f-news/1072134/posts
Yeah, but Sam's Club operates pretty much the same way Wal-Mart does. And I don't believe that Costco is pulling in bigger profits than Wally World, no matter what their margin is.
Note to Ace. You don't have to be a union goon all your life.
Yes, which I'm sure negates his entire value as a human being. Do you have anything to add relevant to the topic?
And what made you say that? I'm not a union member, nor have I ever been.
Costco to conservatives: Get lost
http://www.freerepublic.com/focus/f-news/1084624/posts
It's great that he has been able to make his business model successful. He's also entitled to donate to whomever he wishes. Last time I looked we're allowed to do that in this country. I, for one, found the inbterview very interesting.
Costco has repeatedly had local governments use eminent domain laws to acquire other private property so it can build a Costco store. In California, they convinced a town to remove a Church to build a Costco since it would generate more property tax...
Laundry soap. Spray-n-Wash.
I have 3 boys.
But I shop at Sam's for that stuff. No Costco's except in ATL.
I just moved to Bullhead City, AZ from San Diego. Before I moved here I didn't like the mention of the name Walmart. But let me tell you, here in BHC, it's the only place to go. I love it. I know the arguments against it, but it makes our lives so much easier.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.