Thursday, April 16, 2015

Financies Hain & Costco

Ciao Tutti,
So, I have a small amount of time before a test and thought I would share an interesting acquisition from Costco on Hain Celestial. Costco is my company for my 15 weeks of business class and it has been really interesting to get to know more about the business. I have found from my research that Costco treats their employees fairly and are always on the hunt for a smart business venture. In recent news Costco picked Citigroup and Visa to be their new credits. This of course is a major deal for both credit card companies as I have found that Costco has a very loyal customer base. They have also, done extensive testing and will continue their testing of food products within their store. They test to make sure that the food products do not have chemicals viruses etc. They produce a lot of meat and are micro-testing their beef to make sure it does not contain e.coli. Costco is one of the most cutting edge businesses by always being one step ahead of it's competitors. They even have a small testing team of their own consisting of 20 skilled testors. Google Costco to find out more about their testing it is a very good article and extremely informative. This financial analysis and strategic discussion talks about how Hain and Costco together will generate more sales and in the long run earn them both a larger profit. Because when it really comes down to it, it's all about the numbers.

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