There was a great article a few weeks ago in the New York Times (requires registration), about some of the differences between Costco and Wal Mart. Granted, the comparision is not flawless given the somewhat different product offerings the two companies offer. Still, they’re both massive big-box retailers on the surface. The big differences in terms of how the companies are run: 85% of Costco employees have health indsurance compared to less than half of Wal Mart’s, average pay at Costco is 42% higher, employee turnover and theft is lower at Costco… the result? In the last yeah, Costco stock is up 10%, while Wal Mart’s is down 5%. Just another lesson that doing the right thing pays off. (Via Simran Sethi at IntentBlog)
How Costco Became the Anti-Wal Mart
Fireside Chat: Live
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- Nick Aster
London: Nov 3 – Nov 5
Sustainable Brands London 2014
Connect with Sustainability Executives, Brand Strategists, and Design & Innovation Leaders as the Sustainable Brands London Conference convenes to drive the innovation that leads to enhanced business. Discount with code: NW3pSB14L Register here.
- Travis Noland
Sausalito: Nov 11 – Nov 12
Executive Working Group on Stakeholder Engagement
Future 500’s 5th Annual Executive Working Group will bring together peers and experts, and provide a rare opportunity to engage with stakeholder influentials (such as NGO activist leaders and foundation funders). Register here.
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