Costco president reveals surprisingly luxury items flying from the shelves: ‘Rich people love a good job’
‘The Big Money Show’ talks about dei policy in corporations while Costco continues its resistance, while Disney is supposedly efforts.
It seems that people of all socioeconomic statuses know that Costco is a place to form offers, whether it is $ 1,50 Hot -Dog Combination or Luxury cars, According to the President of the Hamilton Seller “Tony” James.
James, who has been the director of the company since 1988, according to his biography on the Costco website, said that he loved to go to the Committee meetings because “the company is a great window on what is happening in the consumer world, which they ‘buy or not buy. “
He recently said in Q&A with Main executive magazine This Costco always paid attention to the competition, focusing on growth, from a small supermarket next to them in Seattlu to the Walmart and Amazon retail giants.
“From the beginning, we have always known that we could move anything in the volume if the quality is good, and the price was great-Satovi-Rolex, Dom Perignon, a 10-carat diamond,” James said.
Costco Gold Bars are quickly selling out as a lever price grow
A large selection of wines, including Dom Perignon Champaign, $ 138.99 per bottle, is available during the Costco’s opening ceremony, the main anchor of the village in Westfield Topanga on September 12, 2015. (John McCoy/Medianews Group/Los Angeles Daily News/Getty Images)
While most of Costc’s members are the “recipients of average revenues”, James noted that “wealthy members with twice as much than the average revenue” allow the company to “perform extraordinary things”.
“Porsche dealer in Seattlu put his cars on Under Costco, And they sold out in a week, “James gave as an example.” Wealthy people love a good job. “
Costco draws a new feature to change the game on the mobile app
Costco started selling golden rods in 2023, and they made titles to fly from the shelves. (Costco / Fox News)
James even turned to the golden straps they had They made titles for a quick sale.
“I don’t know if wealthy people buy them or just people doubt the economy. I would love to see demographics on customers,” he said.
Kirkland signature logo, Marko Costco store store, on a flour bag with a visible logo and storage instructions, Lafayette, California, June 11, 2024. (Smith Collection/Gado/Getty Images/Getty Images)
| Dice | Security | Last | Change | Change % |
|---|---|---|---|---|
| Cost | Costco wholesale corp. | 1,035.03 | +0.20 |
+0.02% |
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Earlier this month, Costco reported on a net sale of $ 19.51 billion for the January Retail Month, which is an increase of 9.2% compared to last year.
