Costco Cites Inflation's Impact

ISSAQUAH, Wash. — Costco Wholesale Corp. here said last week inflation might be affecting its operations a little sooner than it impacts other retail outlets because its locations turn inventory faster. However, the company continues to take advantage of manufacturer deals prior to price increases, Richard Galanti, executive vice president and chief financial officer, said. Then we hold the price for

ISSAQUAH, Wash. — Costco Wholesale Corp. here said last week inflation might be affecting its operations a little sooner than it impacts other retail outlets because its locations turn inventory faster.

However, the company continues to take advantage of manufacturer deals prior to price increases, Richard Galanti, executive vice president and chief financial officer, said. “Then we hold the price for a few weeks

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