Costco Pressures Suppliers for Lower Pricing

Costco Wholesale Corp. 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.

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.

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