Those of us who recently ventured into grocery stores may share very similar experiences.
First, many of us may be dazzled and confused about all new products.
Related: Dunkin’ makes major menu changes to change drink prices
The shelves were filled with hissing, the drinks were not soda or tea, and the packaged protein looked like meat, but made from plants and eggs seemed to be unable to find.
And we may at least be frustrated by the price increase.
Groceries are more expensive than they were a year ago or even a month ago.
The January CPI report found that the food index at home rose by 0.5% as four of the six major grocery store food group indexes increased. “The index of meat, poultry, fish and eggs grew 1.9% in the middle of the month as the egg index increased by 15.2%. This is the biggest increase in the egg index since June 2015, accounting for two-thirds of the total. Food increases monthly at home. ”
Image source : Ting Shen/ Xinhua by Getty)( xinhua/ by Getty Images
Costco provides key savings for members
It is difficult to avoid the cost of rising monthly grocery bills, but some stores are doing their best to protect their customers from drastic growth.
Costco ((cost) It is one of them.
Member Discount Warehouse charges customers $65 a year to have the opportunity to read their aisles carefully.
More Costco:
- Costco reveals surprising news after membership prices rise
- Costco and Walmart make major changes that affect all customers
- Costco, Target, Walmart announces major 2025
Because it sells most of its inventory in bulk, it is able to negotiate higher prices on large orders. This translates to savings for members who don’t mind buying three dozen eggs or 10 pounds of flour at a time.
Costco Chairman reveals luxury strategy
But members will not only like Costco’s cheap items.
Many people like discount warehouses because it also sells quality items such as premium items and diamonds at competitive prices.
In fact, Costco even offers savings for sports cars and luxury watches, providing this savvy customer with savings. There is a strategy for this, said Costco’s board chairman Tony James.
Related: Top Nike competitors with major Amazon major offers
“We’ve always known since the beginning that if the quality is good and the price is high, we can move any quantity – Rolex watches, Dom Perignon, 10-carat diamonds,” he said. “A Porsche dealer in Seattle will them The car was placed on the floor of Costco and they sold out within a week.”
James added: “The wealthy people love it very much.”
When Costco revealed that it sold about $10-200 million in gold bars per month, Costco also turned its head.
James said that this is part of Costco’s philosophy of catering to economically savvy trading hunters.
“I don’t know if the wealthy are buying [gold bars] Or just a skepticism about the economy,” he explained, “I mean we are not interested in selling anything at a low price. If anyone wants to buy a $500 TV at Costco, we want to sell a $1,000 TV for $500. ”
Related: Senior Fund Manager Unveils Dramatic S&P 500 Forecast
