Costco Outruns Tariffs With Supply Chain Agility, Price Cuts: 'It's About Lowering The Prices As Soon As We Can' - Costco Wholesale (NASDAQ:COST)
Summary by Benzinga
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Here's How Costco Plans to Avoid Tariff-Induced Price Hikes, According to the CEO
As many groceries are expected to become more expensive, Costco is focused on keeping prices down.Adrienne Bresnahan/Getty ImagesKey PointsTo dodge tariff-driven price hikes, Costco is rerouting goods to international markets and pre-stocking tariff-sensitive items ahead of schedule.The retailer’s size and streamlined inventory give it strong negotiating power with suppliers, helping limit cost increases passed on to shoppers.Costco has full con…
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Total News Sources10
Leaning Left1Leaning Right0Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
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