Dunno, with that alleged low markup, you'd think their prices would be
better...
===========================
Excerpts from
http://money.cnn.com/magazines/fortune/fortune_archive/2006/10/30/8391725/index....
Costco refuses to mark up any item more than 14%%, in contrast to
supermarkets and department stores, which often carry markups of 25%%
and 50%%, respectively.
"We only carry about 4,000 items, compared with 40,000 in a typical
supermarket and 150,000 in a Wal-Mart supercenter. Of that 4,000,
about 3,000 can be found on the floor all the time. The other 1,000
are the treasure-hunt stuff that's always changing. It's the type of
item a customer knows they'd better buy because it will not be there
next time."
Showing up on the sales floor of a discount emporium doesn't
necessarily fit the marketing strategies of Waterford and Calvin Klein
and other high-end brands. Whatever those companies think, Costco
wants to sell their products and makes a practice of acquiring them -
legally - on the gray market.
