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Response to Sen. Walter Sobchak (Reply #8)

Sun Jan 26, 2014, 06:44 AM

67. You've got it backward, they attracted the top 20% market by meeting the demand

 

of micro and very small businesses, pre-reagan. When Sinegal partnered, in 1983 he brought a decidedly anti-reagan management philosophy and it has been key to their success.

Costco doesn't keep spending (losing) millions of dollars every year on their hot dog sales because their customers need the break. Lots of their most valued customers need that high-quality hot dog and a coke for $1.50.

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