鈥淟e train de Paris? A quatre heures cinquante,鈥?said the official at the door, as though this palpitating adventure were the commonplace of every minute. Just like discounting, I'm sorry to say we can't take any of the credit for inventing the wholesale clubconcept. Put yourself in our position for a moment, though, and you can see why we had to steal the ideafrom those who did roll it out. It was the early eighties, and we'd been in the discount business for aroundtwenty years. Only the efficient operators were still in business, because prices, and margins, had beenfalling steadily the whole time. Suddenly, we noticed a whole new class of sub-discounter undercuttingour prices, wholesalers with very low overhead who were selling at margins way below the 22 percent inthe discount business5 to 7 percent. Since "Low Prices Every Day" had brought us this far, we had toexplore the business. Especially since we knew that Sol Priceone of the original discount pioneerswasbehind this idea. He had started his Price Club stores in 1976. Two years ago, we earned $1 billion in profits for the first time. That's a jump from only $41 million justten years before. Here's a chart that completely amazes me: With some of the elemental grossnesses of life she was acquainted. You cannot manage a hotel in France which is a free, non-Puritanical country, and remain in imbecile ignorance. She was shocked to the depths of her being. 一本大道道香蕉a,东京热一本道免费2018,做爱网站,四虎影视在线地址最新 In the beginning, I was so chintzy I really didn't pay my employees very well. The managers were fine. We're not ashamed of having money, but I just don't believe a big showy lifestyle is appropriate foranywhere, least of all here in Bentonville where folks work hard for their money and where we all knowthat everyone puts on their trousers one leg at a time. I'm not sure I ever really figured out this celebritybusiness. Why in the world, for example, would I get an invitation to Elizabeth Taylor's wedding out inHollywood I still can't believe it was news that I get my hair cut at the barbershop. Where else would Iget it cut Why do I drive a pickup truck What am I supposed to haul my dogs around in, a RollsRoyceNowadays, I'm willing to concede that some good may have come from that magazine article and all thehubbub it created, as much as I hated it for years. At first I thought it was going to be bad for my relationship with the associates in the stores. But I found out that, gosh, they almost looked at it like: "Look, wehelped him get there. Good for him!" I think my coming by to visit the stores somehow means more tothem now. I noticed a big difference in their reaction since that list made me into sort of a public figure. "The first time I ever saw Sam Walton was when he and his brother-in-law, Nick Robson, dropped intoa TG&Y dime store I was managing in Tulsa. He visited with me for about an hour, asking a lot ofquestions, and left, and I never thought anything about it. Later on he called me and said he was openinga new store in Fayetteville and wondered if Id be interested in interviewing for the manager's job. I had tomove myself over there, work half days for free until the store opened, and I remember sleeping on a cotin the storeroom. But he said I would get a percentage of the profits, and that appealed to me. When Iwent to quit TG&Y, the vice president said, 'Remember, Willard, a percentage of nothing is still nothing.'