Costco uses cost-plus pricing and caps its markup at 14% for outside brands and 15% for in-house brands (Kirkland). Other stores that use “value based pricing” are seeing some stuff marked up 600%.
I only shop Costco a few times a year, but they are not where we need to focus on price gouging.
Costco uses cost-plus pricing and caps its markup at 14% for outside brands and 15% for in-house brands (Kirkland). Other stores that use “value based pricing” are seeing some stuff marked up 600%. I only shop Costco a few times a year, but they are not where we need to focus on price gouging.