Costco Win Shakes Up WA
After a cool $40 million and almost ten years of effort, Costco finally got their way last week via ballot measure in Washington state.
After years of working the legislature and courts, the Costco-sponsored Initiative 1183 which will privatize alcohol sales captured 60 percent of the votes. The company spent $22 million on ads this year alone.
The measure will shut down the state-owned liquor retail outlets and allow stores larger than 10,000 square feet to sell liquor, increasing the number of privately owned liquor stores from 328 to an estimated 1,400.