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Costco seeks to delay retail price increases

from Supermarket News

Costco Wholesale Corp. plans to hold the line on inflationary price increases for as long as possible before passing them along, Richard Galanti, executive vice president and chief financial officer, said recently. The company takes advantage of every forward-buy opportunity manufacturers offer when a price increase occurs, he said, "as we assume many retailers do. But then we probably hold the price longer than anybody else." more

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