[Seattle-editorial] FEATURE PROPOSAL: Activists at Costco
Shareholders' Meeting
Jason Reep
jasonr at speakeasy.net
Sat Feb 1 16:12:29 PST 2003
also approvando
jonathan lawson wrote:
> approve! here comes another one...
>
> At 10:54 AM 2/1/2003 -0800, Susan wrote:
>
>> Subtitle: COSTCO VS. CULTURAL IDENTITY
>> Title: Mexico Controversy Dominates Costco Shareholders Meeting
>>
>>
>> Costco shareholders concerned about the company's destruction of
>> historic murals and green space in Cuernavaca, Mexico, <a
>> href="http://seattle.indymedia.org/front.php3?article_id=21908&group=webcast">brought
>> the issue to management's attention</a> at the company's annual
>> meeting today.
>> Joined by community leaders who traveled from Cuernavaca,
>> shareholders pointed to rising anger across Mexico over the
>> destruction of exceptional murals, architecturally important
>> buildings, and scores of century-old trees at the site of a planned
>> Costco store.
>>
>> <p>Despite President and CEO Jim Sinegal's claims that Costco has
>> preserved murals and trees, the Cuernavacans offer photographic
>> evidence to the contrary. Photos show <a
>> href="http://seattle.indymedia.org/front.php3?article_id=21919&group=webcast">trees
>> and topsoil removed</a> from the site turning an urban arboretum
>> into a gaping hole in the ground and <a href"
>> http://seattle.indymedia.org/front.php3?article_id=21918&group=webcast">large
>> murals damaged beyond repair</a> since Costco's purchase of the
>> property.
>>
>> <p>"Widespread media attention in Mexico, and the perception of
>> Costco as an insensitive multinational, creates significant brand
>> risk," said Bruce Herbert, President of Seattle-based Newground
>> Investment Services. "After all, Mexico has the third largest number
>> of Costco stores after the U.S. and Canada, and a population of 110
>> million." b>Read the full story:</b> <a href="
>> http://seattle.indymedia.org/front.php3?article_id=21892&group=webcast">here</a>
>> and <a
>> href="http://www.seattle.indymedia.org/front.php3?article_id=21943&group=webcast">here</a>
>>
>>
>> <p><b>Photographs:</b><br>
>> 1. <a
>> href="http://seattle.indymedia.org/front.php3?article_id=21918&group=webcast">Murals
>> destroyed in Cuernevaca as a result of Costco construction</a><br>
>> 2. <a
>> href="http://seattle.indymedia.org/front.php3?article_id=21919&group=webcastwebcast">Old-growth
>> forest cleared to make way for the store</a><br>
>> 3. <a
>> href="http://seattle.indymedia.org/front.php3?article_id=21917&group=webcast">Mexican
>> activists carrying out a hunger strike to protest continued
>> development</a><br>
>> 4. <a
>> href="http://seattle.indymedia.org/front.php3?article_id=21908&group=webcast">Activists
>> raising banner at Costco shareholders meeting (Bellevue, WA, 1/30/03)
>> </a><br>
>>
>> <p><a href="http://procasino.org/
>> ">ProCasino.org</a> | <a
>> href="http://www.mexicosolidarity.org/COSTCO_Cuernavaca.html"> Costco
>> Boycott</a> |<a
>> href="http://www.corpwatch.org/action/PAA.jsp?articleid=3908">CorpWatch
>> story</a>
>
>
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