Our group project was Costco Company. And we need to answer from other student.
Please answer below question 100 words by your own idea.
Question:
I recently read that Walmart has increased their starting hourly wages in April, which will cost the company $1.2 billion this year (Laudani, 2015). If Walmart can increase employee loyalty with higher wages, as Costco already does, do you think this could be a threat to one of Costco's dominant strengths?