01 June 2013 (23:26 UTC-07 Tango 31 May 2013)/22 Rajab 1434/11 Khordad 1391/23 Wu-Wu (4th month) 4711
Since 2010 news out of Arizona talked of Idaho based WinCo opening a store in Gilbert, and a second one in Glendale.
The latest news says WinCo is also opening a massive warehouse near Phoenix, creating as many as 300 good paying jobs, with great benefits! WinCo has already spent $12 million USD cash for the warehouse property.
The warehouse will be located on 74 acres, and employee owned WinCo has $78 million in cash to spend on the project (although it’s expected actual costs could go over $90 million). It’s hoped it will be completed in 12 months. According to my contacts at WinCo it is company policy to try and fund all their new projects with cash. I’ve also been told that not one WinCo store is losing money!
It’s also company policy not to talk too much about future plans. That’s because WinCo is an employee owned company, and publicly held crony corporations hate employee owned operations (and so do unions).
WinCo already has Arizona stores in Phoenix (a former Walmart), Mesa and Glendale (both former Costcos). A new store is under construction for Gilbert (located where a former Dodge dealer was), and another in Glendale.
It was revealed that the Gilbert store was delayed last year when the Gilbert Design Review Board rejected WinCo’s architectural plans, on aesthetic grounds. The new design was only recently approved by the Gilbert aesthetics cops.
Some advise for WinCo employees: Don’t be tricked into taking the company public, it’ll be chopped up by Romney style vulture capitalists!
Washington Unions & city officials opposed to employee owned WinCo!