Costco is looking like the big winner after Target's DEI rollback

[Lemon Lyman]

12. Same!

Although we live in Iowa, we used to trek up the Minneapolis area a few times per year and load up at Costco.

We joined at the Coon Rapids location soon after it opened in the fall of 2001. I think it may've been the 2nd Costco location up there, with St Louis Park being the 1st.. Since then there have been a bunch more that've opened. Iowa now has 4.

The way they build doesn't work if you don't live in or near a bigger city. They build one in a city. It gets crazy busy, so they build a spillover one nearby. They don't build in slightly smaller areas like their competition.

I'm thrilled they're doing well, especially in light of their recent stance on the DEI pushback. They've always had pretty good business ethics. Their previous CEO, Jim Sinegal, is a proud Democrat who hosted fundraisers for President Obama. He spoke at the 2012 Democratic National Convention.

https://en.wikipedia.org/wiki/James_Sinegal