Key Development: Fending off increased competition, introducing new products.
What's Next: Leading the chain through ambitious growth plans.
Competitive pressure from Wal-Mart is no worse than it's ever been, according to Jim Sinegal.
"Wal-Mart is a very formidable competitor," said Sinegal, Costco's down-to-earth chief executive officer. "We respect them and we compete with them in virtually every market in which we do business. The only country where we don'