Yeah, Costco has always been hated by Wall Street for how well it treats its workers, and how well they’re compensated. They’re always dinged for being able to send more profits to shareholders than they do, because they treat their workers too well.
They are pretty much the only large company that would send a letter like this that I would believe. Good for Norfolk, but no one should lump Costco in with, say, Walmart, as far as big box retailers go. They really do cleave to a higher ethical standard.
Yeah, Costco has always been hated by Wall Street for how well it treats its workers, and how well they’re compensated. They’re always dinged for being able to send more profits to shareholders than they do, because they treat their workers too well.
They are pretty much the only large company that would send a letter like this that I would believe. Good for Norfolk, but no one should lump Costco in with, say, Walmart, as far as big box retailers go. They really do cleave to a higher ethical standard.