There’s one thing you can say about Costco’s management team. They are confident in the company’s position in the marketplace and don’t feel the need to follow what retail rivals are doing, even when Wall Street wants them to do so. Richard Galanti, Costco’s chief financial officer, made that clear on the company’s quarterly earnings call last week.  In the past, he has also made it clear that Costco’s greatest focus is its warehouse club operations, not e-commerce. “Costco has enjoyed tremendous success, but everything is always changing and so too must Costco,” said Mark Ryski, founder and CEO of HeadCount Corporation. “Success can breed complacency. Consumer expectations and competitive pressure will ultimately force Costco to launch more online services.”  Read the article