12 of 50
Costco Wholesale **
12
Top 50 rank: 12
Rank in Specialty Retailers : 1 *
(Previous rank: 1)
Overall score: 7.09
Ticker:COST
Why it's admired:
President Obama chose Costco as an example that companies can raise minimum wages and still flourish. The Washington-based company pays its workers an average of $20.89 an hour, a significantly higher rate than other retail chains, and it appears to be paying off. Per employee, Costco generates $620,000 of revenue and a profit of $10,625. -- B.S.
Headquarters:
Issaquah, WA
Website:
www.costco.com
By Erika Fry, Caroline Fairchild, Brandon Southward, Claire Zillman and Catherine Dunn
Nine key attributes of reputation
Industry rank
Use of corporate assets
1
Quality of products/services
1
From the March 17, 2014, issue.
