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COSTCO: A WINNING HAND

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by

nichole roach

on 24 May 2016

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Transcript of COSTCO: A WINNING HAND

What's the big deal?
Comparative Analysis
Financials
Economy
Maintaining membership loyalty
Technology
Types of payment
Products offered
Employees
Risk Factors
COSTCO: A WINNING HAND
Thinking outside the box
Jim Sinegal- CEO
Sells limited number of items
Banking on bulk
Customers pay membership fee
Small price mark up
Refund policy

COMPETITION
Net Profit
Current Ratio
Total Debt to Equity Ratio
Revenue
Profit Margin on Sales
Return on Assets
Costco Problems....
Ready for a winning hand?
1982
1983
2016
1980
1976
Jeff Brotman and Jim Sinegal meet and draw up plans to start a new wholesale club business.
Costco Wholesale opened in Seattle.
Costco became the first company ever to grow from zero to $3 billion in sales in less than six years.
2016: Costco serves more than 10 million members across the US, and is one of the nation's largest retailers, averaging $15 billion in sales per year.
2016: Have 686 warehouses internationally
Sol and Robert Price opened first club in in San Diego as Price Club
Price Club offers public stock on July 12th
HISTORY OF
Full transcript