Having weathered challenging work environments in his career, Ray Sprinkle, CEO and president of URM Stores Inc., was determined to create a different kind of workplace when he joined the Spokane, Washington-based company – one characterized by positivity and support. Instead of micromanaging, Sprinkle prefers a hands-off approach, focusing on hiring highly qualified people, trusting […]
Category: U.R.M. Stores
U.R.M.’s core business is the purchasing, warehousing, and delivery of merchandise inventory to its Member-Owners through its patronage departments. The company operates on a cooperative basis, which means that all of its net earnings on business done with or for its Member-Owners through its Patronage Departments are allocated and paid to its Member-Owners in the form of patronage dividends. Such patronage dividends are paid to the Member-Owners in proportion to the business each Member-Owner does with U.R.M. through each of its Patronage Departments.
Over the last century, the history and growth of the company, stands as a testimony to the strength and vitality of the retailer-owned system.
