Company History
Who are the Founders of Costco Wholesale
Jim Sinegal and Jeff Brotman
What is obey the law?
Follow all state/federal/ county rules.
Who is the Rothman Workplan named after
Ron Rothman
What is the right place?
Usually on encap or impulse to help drive sales.
What is Costco ranked in the Fortune 500
11th Rank
Year and Place Costco Wholesale was Founded
Seattle Washington in 1983
What is the very first code of ethics?
Obey the law
Rothman Workplan is Our Toolbox for ____
Inclusion
What is the right time?
Early in. early out
I’m Number of Employees Worldwide
Over 300k
Costco Merged with this Warehouse Club in 1993 to form this Warehouse
Price Club to form PriceCostco
What’s an example of respecting our vendors?
By staying in those 30 days with coupon and price adjustments
What is Culture
Culture is Everything
What is Early in Early out?
Rapid inventory turnover
Sell it before we pay for it 100% accounts receivable
Christmas in August
Summer in February
Costcos Average Warehouse Size
146k square feet
Hi Who took over as CEO when Jim Sinegal retired and what year
Craig Jelenik in 2012
How to take care of employees?
Encourage open communication, recognize hard work, and pay fairly.
What is Costcos Mission Statement
To Provide our Members with Quality Goods and Services at the Lowest Possible Price
New Disney Christmas Ornaments Display Near Fence
Right time, Right place
What was FY22 Sales
222 Million Dollars
The hot Dog Combo was first introduced this year and for this price?
1985 for $1.50
What is All 5 Costco Code of Ethics
Obey the Law, Take Care of our Members, Take Care of our Employees, Respect our Suppliers, and Reward our Shareholders
Name some Key Policies from the Employee Agreement
Safety, Standard of Ethics, Standards of Conduct, Drug and Alcohol Free Workplace, Open Door Policy, Equal Opportunity
What is All 6 Rights of Merchandising
The Right Merchandise, The Right Place, The Right Time, The Right Quantity, The Right Condition, The Right Price.
As of August What Number of Locations does Costco have
861 Locations