Jim sinegal biography
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9 FACTS ON JAMES SINEGAL THE FOUNDER OF COSTCO
As one of the most influential retail pioneers of the late 20th century, James Sinegal reshaped the commerce landscape through his audacious innovation and intensely humanistic philosophy while founding Costco.
Guided by an abiding belief in the primacy of employee welfare and instructed by mentor Sol Price’s altruistic ideals, Sinegal rejected Wall Street’s profit-above-all edicts to carve a profoundly unique path over his legendary career.
Blending commercial daring with selfless compassion in both leadership approach and groundbreaking policies, Sinegal stands as the archetypal sage businessman-statesman of the modern era.
WORKING CLASS ROOTS
As a son of the working class, James Sinegal entered the world on the first dawn of 1936 in Pittsburgh, a sprawling hub of American industry.
The bounds of the Sinegal household were modest yet devoutly Catholic—his father toiling honorably in the local steel works while his m
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Jim Sinegal
Jim Sinegal, co-founder (with Seattle retailer Jeff Brotman) and ledare executive officer of Costco, the warehouse retail company based in Issaquah, Washington, was born to a Catholic family in 1936 in Pittsburgh, Pennsylvania. After studying at San Diego Junior College and San Diego State University he entered the world of sales, which would never be the same. At eighteen years old he was a bagger for FedMart, the discount department stores started by stjärna Price in San Diego (originally in an airport hangar). Within a few years he was married (to Janet, with whom he has three children) and later became executive vice president of merchandising and operations for that company; he then worked as executive vice president for Builders Emporium, for the Price Company, and for Sinegal/Cham ber legat before he and Brotman founded Costco in 1983.
The original strategy for Costco, as Sinegal has told many a reporter over the years, was to offer lower prices and better value to me
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Jim Sinegal
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