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Costco, the beloved wholesale warehouse chain, has gained a cult-like following among thrifty shoppers and bargain hunters. Find Out: Costco's 17 Best Clothing Deals for Your Money in November 2024...
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Costco Connection is a magazine sent free to the Costco executive members; it can also be accessed online by anyone, free of charge. [160] As of 2024, the magazine is distributed to 15.4 million households and has 300,000 copies at warehouses. It has the third-highest magazine circulation in the United States, behind two AARP magazines. [161]
As a result, Costco has one of the lowest employee turnover rates in retail. In 2006, Costco's turnover rate was 17% overall and 6% after one year of employment. [7] In 1993, when growing competition threatened both Price Club and Costco Wholesale, Sinegal was invited to a partial merger.
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