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Even if you somehow banded together all Costco members (i.e. people who paid membership fees to be able to ship there), you wouldn't be able to force the board
by mook 3y ago
Even if you somehow banded together all Costco members (i.e. people who paid membership fees to be able to ship there), you wouldn't be able to force the board of directors to resign (other than via boycotts etc.).
For a clearer example, Sam's Club has a similar membership, but that's well-known to be owned by Walmart…
- Ekaros 3y agoAnd when there are real co-ops owned by customers around the world. Which require investments to get membership. And often you get that investment back if you leave.
- extraduder_ire 3y agoI expect that happening would cause the hot dog guy (Jim Sinegal) to force them to resign, if it made sense.