ISSAQUAH, Wash. — Costco Wholesale Corp. here is telling suppliers who maintain high prices that it may consider eliminating some brands if they don't offer some relief, Richard Galanti, executive vice president and chief financial officer, told investors yesterday. "We don't have to carry three brands of an item,” he said in a conference call discussing second-quarter results. “However, we see opportunities for manufacturers who are willing to help our members.” Galanti also said ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.