Costco co-founder to receive top retail award by NRF

Costco Wholesale co-founder Jim Sinegal will receive NRF's Gold Medal Award at a ceremony during Retail's BIG Show in New York City next week. Sinegal, who stepped down as CEO in 2012 but remains on the board, earned the honor because of his "committment to the industry and Costco, and dedication into creating such a well-respected culture throughout the organization he helped build," NRF President and CEO Matthew Shay said. The Seattle Times (1/7)