A Quote by Jim Sinegal on business and competition

There was a proposal in California that would keep out Wal-Mart but allow Costco. You opposed it. Are you nuts?

That's true: I always oppose these kinds of things. Competition makes us better. Some of our best stores have a Sam's Club next door.

Jim Sinegal

Source: CEO Interview: Costco's James Sinegal: http://www.smartmoney.com/mag/ceo/index.cfm?story=april2008-Costco

Contributed by: ~C4Chaos