BNET Industries

Cost-U-Less Inc.

(CULS) is in the Retail Industry

Last Fiscal Year Sales:$222.0M
  • Public
  • US
Dow Jones Description

Retail Warehouse Stores

Director, President and Chief Executive Officer
J Jeffrey Meder
Number of Employees 55
Contact Information

3633 136th Pl SE Ste 110

Bellevue, Washington 98006

www.costuless.c...

(425) 945-0213

NAICS Code Discount Department Stores: 452112

Recent Events

  • Auto insurance groups rev up with expansions in Sacramento: Cost-U-Less and sister firm plan to...

    10/23/09 - Planned Site Openings - View Story

News & Analysis

cost-u-less inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
J Jeffrey Meder Director, President and Chief Executive Officer
Rex A. Wilhelm President
Leo Charriere CFO
Martin Moore Vice President, Chief Financial Officer, Secretary & Treasurer
Roy Sorensen Vice President, Chief Operating Officer
Roy Sorenson Coo & Vice President
Bob Cain Vice President, Logistics
Brian Rose Vice President, Operations
J. Robert Cain Vice President, Logistics
Michael Scalzo Vice President, Merchandising & Marketing
William W. Lofgren Vice President, Information Systems
Bob Boren Marketing Manager and Senior Buyer
Debbie Landrie Controller
Gary W. Nettles Director
Robert C. Donegan Director

Board of Directors

Name (plus bio) Position
George C. Textor Chairman
John D. Delafield Chairman
David A. Enger Board of Directors

Organization Position Status
Cost-U-Less, Inc. Director, President and Chief Executive Officer Current
Nacdnw Board of Directors Current
The Regents Board of Directors Current
Drug Emporium Chief Executive Officer Former
Drug Emporium President Former
Drug Emporium Co-Founder Former
Cost-U-Less, Inc. Director Former
The Ohio State University B.S. Former
Capital University Former

Rex joined Alaska Commercial Company in 1984 and has worked effectively as a manager in small and large stores, as a category manager and as VP of Store Operations.

Organization Position Status
The North West Company Inc. President, Commercial Operations Current
Cost-U-Less, Inc. President Current
Alaska Commercial Co President Former

Organization Position Status
Cost-U-Less, Inc. CFO Current

Organization Position Status
Cost-U-Less, Inc. Vice President, Chief Financial Officer, Secretary & Treasurer Current
Cost-U-Less, Inc. Board of Directors Current
Seattle University MBA In Finance Former

Organization Position Status
Cost-U-Less, Inc. Vice President, Chief Operating Officer Current
Cost.Com LLC Chief Financial Officer Former
University of Puget Sound MBA Former

Organization Position Status
Cost-U-Less, Inc. Coo & Vice President Current
University of Puget Sound MBA Former

Vice President-Logistics J. Robert Cain joined the Company in April 1998 as Logistics Manager prior to becoming Vice President-Logistics on August 7, 2000. Previously, Mr. Cain had a 23-year career with Sea-Land Service (now CSX Lines) involving a wide variety of management positions in regulatory affairs, carrier pricing & marketing, inter-modal and sales. Mr. Cain earned a degree in transportation from the University of Tennessee in 1975.

Organization Position Status
Cost-U-Less, Inc. Vice President, Logistics Current
The University of Tennessee Degree In Transportation Former

Organization Position Status
Cost-U-Less, Inc. Vice President, Operations Current
Cost-U-Less, Inc. Assistant Store Manager Former
Costco Wholesale Corporation Former

Organization Position Status
Cost-U-Less, Inc. Vice President, Logistics Current

Michael Scalzo has over 20 years of experience in the retail industry. The last 15 years in Warehouse Merchandising. He began his career with Cost-U-less in 1992, serving as one of the original buyers for the Company and was instrumental in creating the Corporate and Regional Buying Offices.

Organization Position Status
Cost-U-Less, Inc. Vice President, Merchandising & Marketing Current
University of Washington Degree In Speech Communications and Economics Former

Organization Position Status
Cost-U-Less, Inc. Vice President, Information Systems Current
Cost-U-Less, Inc. Director of Operations Former
Costco Wholesale Corporation Former

Bob Boren joined Cost-U-Less in 1997 as a buyer of several non-food departments. He is currently serving as the Marketing Manager and Senior Buyer. Mr. Boren came to Cost-U-Less with 9 years experience in the wholesale and importing business with an emphasis on foreign markets. Prior to that he had 19 years of retailing experience with Macy's and The Bon department stores as well as Pay N Save Drug chain. There he held positions of merchandise manager, store manager, and buyer. Mr. Boren holds a BS degree in Business Administration from Central Missouri State University and a Washington real estate license.

Organization Position Status
Cost-U-Less, Inc. Marketing Manager and Senior Buyer Current
Cost-U-Less, Inc. Buyer Current
Central Missouri State University BS Degree In Business Administration Former

Organization Position Status
Cost-U-Less, Inc. Controller Current

Organization Position Status
Cost-U-Less, Inc. Chairman Current
Cost-U-Less, Inc. Board of Directors Former

Organization Position Status
Delafield Hambrecht, Inc. CEO Current
Delafield Hambrecht, Inc. President Current
Delafield Hambrecht, Inc. Chairman Current
Cost-U-Less, Inc. Chairman Current
REM Medical Board of Directors Current
WR Hambrecht & Co. LLC Co-Founder Former
Princeton University BA Former

David Enger has been a member of our board of directors since 1993 and served as Chairman of the Board from 2000 until August 2002. Mr. Enger served as Executive Vice President of Keeners Inc., one of the Northwest?s largest distributors of fresh foods, from 1992 until 2001. He also served as President of US Food Service- Seattle Division from 2001 through 2003. In 1990, Mr. Enger founded Business and Banking Institute, which engages in merger and acquisition activities and business and banking consulting and training. From 1980 to 1990, Mr. Enger served as a principal of Management Advisory Services, Inc., a business and banking consulting firm, which he co-founded in 1980. From 1976 to 1980, Mr. Enger was a vice president of Seafirst Bank. Mr. Enger is currently a director of Columbus Foods, LLC, a manufacturer and distributor of food products in San Francisco, California, as well as Chief Executive Officer of Pacific Coast Banking School at the University of Washington. Mr. Enger previously served as a director of Keener?s Inc., in Seattle and Colmac Industries and Colmac Coil Manufacturing in Eastern Washington.

Organization Position Status
University of Washington Chief Executive Officer Current
University of Washington Distributor Current
Columbus Foods Company Director Current
Cost-U-Less, Inc. Board of Directors Current
Seafirst Bank Vice President Former
Management Advisory Services, Inc. Principal Former
Colmac Industries, Inc. Director Former

Gary Nettles has been a member of our board of directors since 1996. Mr. Nettles has been the Chief Financial Officer of Allen Tel Products, Inc., a non-public supplier and manufacturer of data and telecommunication components, located in Henderson, Nevada, since 2003. In 2004, Mr. Nettles also became the Chief Operating Officer for Allen Tel Products, Inc. Mr. Nettles has served as a director of Allen Tel Products, Inc. since 1999. Previously, Mr. Nettles was a certified public accountant and president of Guchereau & Nettles, an accounting firm located in Costa Mesa, California, where he worked from 1987 to 2003.

Organization Position Status
Allen Tel Products, Inc. Chief Financial Officer Current
Cost-U-Less, Inc. Director Current
Allen Tel Products, Inc. Director Current
Nettles President Former

Organization Position Status
Ivars Inc. President Current
Ivars Inc. Director Current
Cost-U-Less, Inc. Director Current
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