Around the Net

Costco Wins By Thinking Like Small Company

No matter how big a company gets, it must maintain its core values and its culture or it could fail, Craig Jelinek, chairman and CEO of Costco Wholesale Corp., said in a speech this week to the Western Association of Food Chains, at its annual convention in Palm Desert, Calif. “Your business can evolve, but it can’t afford to lose its values and its culture.” He said executives who join Costco from other companies “tend not to do well at Costco because they don’t understand the culture.”

Read the whole story at Supermarket News »

Next story loading loading..