AI brings many promises for the future, as well as energy challenges. Are there solutions?
It's hard to understate the power that Walmart, Amazon, and Costco Wholesale wield in the U.S. retail industry and the broader economy. Walmart and Amazon are also the two biggest employers in the country, and Costco is among the top as well. The retailer I'm talking about is BJ's Wholesale Club (NYSE: BJ), the membership-based club chain, generally thought of as the No. 3 operator in that retail subsector behind Costco and Walmart's Sam's Club.
RCI Hospitality CEO Eric Langan on consumer spending, capital allocation, and getting into the casino business.