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After singing the opening song of “Blue Suede Shoes”, the common
opinion was that we, as a Club, are 0 for 4 in terms of song
selection. We are
begging (apparently) for some old standards i.e. Take Me Out to the
Ballgame, America the Beautiful, etc. Please.
Roger Martindill, or was it Roger Stark?, invited three guests from
the Duvall Rotary Club this morning – we were graced with the
presence of (from left, above) Will Ibershof, Mayor of Duvall; Sandy
Aitkin from Carnation, a teacher at Cedar Crest High School; and
Margie Coy, a fitness instructor in Duvall.
Also present were Janie Stack, a guest of Kathy Kill (who
should be fined for not being present) and is a marketing
representative from Costco.
Speaking of Costco. . we enjoyed the presentation of John
Matthews, Vice President of Human Resources and Risk Management for
Costco.
Mr. Matthews opened his remarks by aligning the values of Costco
with those of Rotary in that the tenets of the Four Way Test also
apply, in principle, to those of Costco’s stated values.
Costco’s five stated values are to Obey the Law, Take Care of
the Members, Take Care of the Employees, Respect our Suppliers and
Reward the Shareholders.
Mr. Matthews would particularly like us to note that “Reward
the Shareholders” naturally follow the other tenets.
Some
interesting facts about Costco are:
They are the 3rd
largest company in Washington
The 9th largest in the world
And the 24th largest of the Fortune 500 companies
In case anyone needs or wants it, Mr. Jim Sinegal’s extension is
8163. He will take your
phone calls whether that is to register a compliment or a complaint,
or make arrangements to housesit his house in Maui.
You must expect, however, to be behind Bob Rosso in house
sitter opportunities as he is first in line for this job.
Costco currently has 558 warehouses, 406 in the U.S., 77 in Canada,
31 in Mexico, 21 in the UK, 9 in Japan, 7 in Korea, 6 in Taiwan and,
as of yesterday, 1 in Australia.
They plan to double their number of stores in 10 years.
Staff turnover rate is 20%, unless an employee has been with
the company for a year or more, at which time the rate drops to 6%.
Typical retail turnover rate is 50% or higher.
Costco processes 1.4 million
transactions per day with $131 million in average sales per
warehouse, with the exception of Honolulu which is the highest
producer . . .by far!
Probably most of that is in beach towels and Macadamia Nuts.
Each warehouse is an average of 142,000 square feet and
average sales are $74.3/square foot.
We could go on and on but suffice it to say that Costco is an
incredibly successful company and we are fortunate to have them
anchored in the great Pacific Northwest.
Pam Johnstone reminded us of the Rotary Picnic coming up on
Saturday, August 22, beginning at 4:00 p.m.
Volunteers are needed to come to 21 Acres, beginning at 3:00
p.m. to help set up.
Erv DeSmet has already volunteered and he will need some help.
Also, remember to bring your lawn chairs!!!
Prez Al reminded us of a Board Meeting to be held at 5:30 at Banner
Bank on 8/18/09.
Alex (Go Leos!) Racz celebrated his birthday on August 12th.
He summed up his year by saying that his business is holding
its’ own even though his competitors are disappearing right and
left. Alex is not
advertising at all and the vendors are sending him referrals which
are great for business.
Alex is happy to have the renovation completed on his house and is
especially looking forward to the Fleetwood Mac concert in Berlin.
He says that he appreciates the great people in Rotary and
that the exposure to fantastic things keeps him positive!
The Sergeant at Harms (Ex Prez Boland) fined Bob Rosso for chopping
up the old “fine wheel”.
Bob denied “seeing” the fine wheel, but was challenged as to
whether or not his claim met the 4 Way test.
Terry Jarvis felt that Bob’s fine should be doubled for
“lying”.
John Abbott was given a fine waiver for so generously giving away
his kidney stone.
Jorge gave John Matthews a thinly veiled bribe in the form of a fine
waiver, good for any Rotary Club in the Woodinville area.
To Jorge's "gift",
President Al added a Rotary First Harvest donation in the name of
Rotary district-governor-elect Matthews
Jay Soloff thanked those Rotarians who supported his son’s Eagle
Scout ceremony and reminded us that DeLille Cellars is now open 7
days a week.
Cherry Tinker had Happy
Dollars for the fact that Charlie Russell knew all the words to
“Blue Suede Shoes” and, in fact, appeared to be rockin’ out.
And, a second Happy Dollar for the Leonard family reunion on
her father’s side.
Jay Fiske assessed himself a Happy Dollar or a fine (this reporter
is confused) because he was at Dick Clark’s house on the beach,
performing an auction for “who cares” which organization with Cindy
Crawford seated in the front row.
And, finally, John Creason had a Happy Twenty Dollars because he is
now a Happy Homeowner in Woodinville.
After running the raffle, thanking the workers and passing the buck
on a joke, President Al adjourned the meeting.
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