Five Things WSJ Learned at Costco's HQ

Here are five things I learned at Costco's headquarters in Washington. One, Kirkland Signature is a negotiating tool that Costco can use to get lower prices from name brand manufacturers. Two, every Kirkland product is signed off by the CEO in what they call a green ink meeting.It's called the Green Ink Meeting because one of the founders only used Green ink pens. Kind of like a shorthand for approval. Three, turnover is really low compared to other retailers.It's under 9% after a year on the job. That's in ...