NO! CostCo Does NOT Endorse Measure A and Demands That Its Name Not Be Used On Any Future Yes On A Material


From Save Our Local Economy – No on Measure A

[We keep hearing Measure A proponants "personally offended" by the SOLE group's so-called "hyprocrisy" because the DDR folks can't seem to understand that No on Measure A is supported by those with different views of Big Box Retail. It's not that hard! But here's a big dose of hyprocrisy AND dishonesty for you! Dead Dino in the middle of the road -DS]

PRESS RELEASE

FOR IMMEDIATE RELEASE

DATE:            October 12, 2009

COSTCO DOES NOT ENDORSE MEASURE A AND DEMANDS THAT ITS NAME NOT BE USED ON ANY FUTURE YES ON A MATERIAL

Costco does not endorse Measure A, and has not authorized the use of their logo on Developers Diversified Realty’s (DDR’s) “Yes On A” mailers.  Members of Save Our Local Economy (SOLE) have investigated the use of the Costco, Target, TJ Maxx, and Petco logos on the Yes On A county-wide mailer of October 6.

Colin Olin, the General Council for Costco, informed SOLE today that DDR used the Costco logo without their permission and that the company does not endorse Measure A.  Mr. Olin also reported that Paul G. Moulton, Executive Vice President of Real Estate for Costco, had contacted the Measure A proponents to express Costco’s extreme displeasure with their use of the company logo and demanded that no future material use the Costco logo.

Target, TJ Maxx, and Petco are also listed on the October 6 mailer, and were contacted regarding this issue.  None of these stores have authorized the use of their company logos, and all are considering sending cease and desist letters to the Measure A proponents.

DDR, the company behind Measure A, has consistently misrepresented that these stores are ready to move in should voters approve Measure A in November.  In fact, DDR has no contracts with any of the stores listed; rather, they only have letters of intent.  Standard letter of intent language states that the letter is a “non-binding statement of the terms of a proposed transaction and to reflect the parties’ interest in pursuing further discussions concerning the property.  It is understood that and agreed that no agreements shall bind either party until a full and final written lease agreement is prepared, reviewed and approved by the parties.”

DDR’s use of these company logos is clearly intended to lead Mendocino County voters to believe that those companies endorse Measure A.

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