Recs

25

Video: Costco CEO Jim Sinegal on His Biggest Weakness

Costco's  (Nasdaq: COST  ) Jim Sinegal is not your typical CEO. He spends the majority of his time visiting his stores, not in his office. He deals with customer complaints directly. And he gets criticized on Wall Street for being too generous to his employees. (Sinegal says that Costco’s decision to pay its workers more than Wal-Mart (NYSE: WMT  ) is good business, not altruism.) 

When he stopped by FoolHQ in July, we asked Whole Foods (Nasdaq: WFMI  ) CEO John Mackey what his biggest weakness was. When Sinegal was here, we put the same question to him.

 

Coming Friday: Sinegal talks mattress mishaps, cake baking, and customer satisfaction.

Listen to the entire audio interview of our conversation with Costco Jim Sinegal at www.motleyfoolconversations.com, or subscribe through iTunes.

See the first part of our interview with Jim Sinegal here!

Best Odds in the Universe!
If you're interested in a 98.79% chance at beating the market... and a 70.84% chance at DOUBLING the market's return – Motley Fool Supernova could be just what you're looking for. And get this: We arrived at these odds from 10,000 random back-tested portfolios composed of Motley Fool Co-founder David Gardner's personal stock picks.

It's why David recently handpicked a small team of world-class portfolio managers. You see, he thinks these odds can get even better! And he'd like to prove it to you...

Simply enter your email address. And the answer to the question everybody is asking will be delivered to your inbox!

Mac Greer owns shares of Costco, which is a Motley Fool Inside Value and Stock Advisor recommendation. The Motley Fool owns shares of Costco. The Fool’s disclosure policy knows a guy who recently purchased a 3 lb. resealable bag of Dunkin' Donuts coffee at Costco. 


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

DocumentId: 992286, ~/Articles/ArticleHandler.aspx, 2/10/2012 4:15:42 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 12,801.23 -89.23 -0.69%
S&P 500 1,341.38 -10.57 -0.78%
NASD 2,902.31 -24.92 -0.85%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

2/10/2012 3:42 PM
WMT $61.75 Down -0.21 -0.34%
Wal-Mart Stores CAPS Rating: ****
WFM $81.55 Down -0.47 -0.57%
Whole Foods Market CAPS Rating: ***
COST $84.07 Down -0.46 -0.54%
Costco Wholesale CAPS Rating: *****

Advertisement