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But many people do compare Walmart to Costco by comparing the relatively lower wages that Walmart pays compared to Costco (or Trader Joe's) [1] I'm simply demo
by davidf18 10y ago
But many people do compare Walmart to Costco by comparing the relatively lower wages that Walmart pays compared to Costco (or Trader Joe's) [1]
I'm simply demonstrating that Costco could hire more employees among the segment of people with little education and help to lower unemployment. Many people batter Walmart for not increasing wages for employees, but just as important is that Costco could hire many more employees and help to reduce unemployment.
In my view, I think the writers should point out Walmart as an example of hiring 3 times more people per dollar of revenue than Costco (I don't know the figure for Trader Joe's) and thus, compared to Costco, doing much more to reduce unemployment. But you never read an article asking Costco to hire more people, only criticizing Walmart for not paying enough.
[1] http://www.theatlantic.com/business/archive/2013/03/the-trader-joes-lesson-how-to-pay-a-living-wage-and-still-make-money-in-retail/274322/ http://www.theatlantic.com/business/archive/2013/03/the-trad...
- tedmiston 10y agoIt would definitely be interesting to see comparable data around Trader Joe's or even Whole Foods.