It doesn’t do Costco any good if nobody can afford to buy anything.
Meaning of the quote
This quote means that it's not helpful for a store like Costco if people don't have enough money to buy the products there. Costco wants its customers to be able to afford the things they sell, so the store makes money and can keep operating. If no one can buy things, then Costco won't be successful.
About James Sinegal
James Sinegal is an American billionaire businessman and co-founder of Costco Wholesale Corporation. As CEO, he was known for his hands-on, humanitarian approach, prioritizing customer and employee satisfaction over shareholder interests. Sinegal is also recognized for his philanthropic efforts.
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It doesn’t do Costco any good if nobody can afford to buy anything.
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