ISSAQUAH, Wash. — Costco Wholesale Corp. here 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 here last week.
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.
“We tend to be the strictest and ...
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