Costco could face nearly $11 million in losses after its website malfunctioned on Thanksgiving, according to data analyzed by retail website Love the Sales.
Read more at foxbusiness.com
Last year, it raked in nearly $40 billion, an 11% increase from 2017. That’s more than JCPenney and Macy’s combined. Kirkland’s sales also beat out Campbell Soup, Kellogg, and Hershey put together.
Kirkland, which Costco sells for at least 20% cheaper than national brands at its warehouses, helps the club keep prices low even on the products it doesn’t make.
Read more at CNN Business (Warning – this page plays video automatically, lower the volume before click.)
https://www.cnn.com/2019/01/10/business/costco-kirkland-signature-brand/
Here is a funny & interesting story.
Costco management took the unprecedented step of removing a shopper from its Oakland, California store for abusing its free sample program. Bill Wentworth of San Jose, CA was forcibly ushered to the exit after management spotted him eating a 14th lobster dip cracker.
Wentworth utilized crude props to dupe unsuspecting Costco workers, such as fake beards, mirrored sunglasses, and wheelchairs. He also spoke to workers using fake foreign accents….
The story doesn’t stop there.
More embarrassing story continues at GlossyNews Article
* How do they know he had 14 crackers, not 13 or 15?