Costco's Profit Soars As Low-Wage Competitors Struggle | Change Leadership Watch | Scoop.it
At a time when other retailers are struggling to get people into stores, Costco is enjoying a moment in the sun.



For its part, Costco, or at least many of its officials, would like to see the company's practice of paying employees well put into law. The company’s CEO, Craig Jelinek, said earlier this year that he supports President Barack Obama’s proposal to raise the minimum wage, even arguing that lawmakers should boost it to $10 per hour.