Costco Products Face Explosive Price Increase As CEO Reports A Large Number Of Challenges
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- Опубликовано: 9 июн 2024
- Costco is quietly raising prices again, and this is making customers from all over the country really furious. Executives warn that even more increases are on the horizon as the company implements a series of changes this year. Higher grocery prices have been a major topic of concern for American families since the pandemic. Despite all the talk about deflation, U.S. consumers are still spending on average $1,000 more on the same basket of basic items they used to buy four years ago.
During its final days at Costco, Galanti suggested that while the warehouse club wants to offer the most competitive prices, it is not above grabbing wider margins when the right opportunity presents itself. In other words, Costco doesn't always keep its margins thin on the items it sells, but it looks to keep prices marginally lower relative to its rivals.
So far in 2024, grocery price increases have outpaced overall inflation. Families are now paying 25% more for groceries than they were prior to the pandemic, compared with 19% overall inflation. About five categories drove nearly 30% of grocery inflation. They are beef and veal, poultry; non-frozen non-carbonated juices and drinks, fresh fruits and vegetables, and snacks, according to the report.
Such elevated costs for food are hitting American families harder higher than ever before. From February 2023 to February this year, low-income families have been hit the hardest by rising grocery prices, and they have spent on average 31% of their income on food, compared with 23% for middle-class households, and only 8% for wealthier ones, data shows.
“I think people are waiting for prices to return to what they call ‘normal’ - and with the exception of a few things, - we’re not going to see that. We’re going to see prices stabilize at this level, and that’s likely it,” said Dawn Thilmany, an agricultural economist and professor at Colorado State University.
That's sad news for everyone struggling to get by month after month. But that's the new reality we're in and, at the end of the day, Costco is just a small fish in a sea of vicious creatures.
If prices are too high I just don't buy
To or TOO?
IKR..
You will always find some places selling cheaper, there is a fight among food stores. For instance, I went to the store for some onions (white) and I found out the price was $2.99 per pounds, I said to myself, forget it. I headed to another store and I found them for $0.99 per pounds and the quality was excellent. We have the money to choose (power).
People acting like they can't survive without their perfectly crispy calamari sticks. Can't be bothered to be strategic with their spending habits. Can't be bothered with anything other than complaining how unfair everything is, while they continue to fork over their money for all their meticulous desires, making the greedy profit driven corporations even more rich. Not many people know the difference 'wants' and 'needs' these days. They're entitled to everything they want, when they want it. These people would've never survived winter 100yrs ago.
I no longer buy the ribeye steaks 😭
High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Margaret Johnson Arndt for the last five years or so, and her returns have been pretty much amazing.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
We only go to Costco for very specific things, and that number of items is dwindling
I only go there for specific things as well. Unlike you, my list of specific things is growing!
Last time I went, I bought a 25lbs bag of all purpose flour for less than $9! That's less than $2 for every 5lbs. At my local grocery store, it's over $3 for a 5lbs bag so I'm already saving over $5 just on flour.
Zipfizz (energy drink mix) is $30 for a 30 count which makes it $1 per energy drink. Every other energy drink I can find is over $2 so that's $30 I'm saving.
$2.99 for 24 eggs is $1.50 per dozen. Not sure what eggs cost at my local grocery stores but I know it's more than that.
I save on everything I buy at Costco so for me, my membership is worth it! 😃
It's not the cheapest place in town for things.dont buy tires there you can get better deals elsewhere.
@@SamsungGalaxy-nm5qt Where do you live? The products at Costco aren't that cheap where I live in California.
Received a Costco card as a Christmas gift. Didn’t sign up until February and went to explore the store. I was impressed by all the products they carried, but also surprised by costs. I began taking pics of products and price of my usual pantry supplies. Upon arriving home, I began to compare prices with my local grocery store. As it turns out, Costco was only a little cheaper, we’re talking three to ten cents, but the quantity you had to buy to get these savings was ridiculous. Some of the quantities would last me 8 to 12 months.
In march I returned the card for a full refund
Do check out the pharmacy. My insurance plan suggested I use them and they are less than a couple of other nearby mega pharmacies. You don’t need to be a member to shop the pharmacy.
Solo but Drugs Great I can get 365 days with Costco card.🥰🥰🥰
@@jimshoe402 you do not need a Costco card to access the pharmacy. By law membership stores with pharmacies must make them available to the public. I walked in and bought my prescription on fire for the same price I used to pay with membership.
My only experience with a different price was Costco in Mexico.
What products are you comparing? Eggs, Rotisserie Chicken, gas are much cheaper than competitors.
Learn to cook from raw ingredients instead of buying ready made food. Look at the obesity among Costco shoppers, they could learn to economize and not be lazy.
That and cut carbs, get rid of vegetable oils.
Might just be you and your area. People are pretty fit where I am.
Costco has more than pre-made food, they have ingredients! I bought a 25lbs bag of flour (less than $9), a couple 4.5lbs bags of chocolate chips ($10.99 each) and 2 cartons of 24 cage free eggs ($2.99 each). Okay, bad example for the obesity argument but chocolate chip cookies make people happy and they're a great ice-breaker! 😂
They also have 20lbs bags of rice, bulk spices, yeast, flats of evaporated milk and the business Costco near me sells whole lambs, 5lbs bucketts of honey and I can't name everything but Costco sells lots of ingredients.
Calories in, calories out.
I lot 23 pounds already on Joe's plan.who needs Oprah's weight watchers.
TRY FINDING A motorized cart WITHOUT two large HAMS hanging over each side of seat 🤣🤣
Dont worry folks if groceries get to expensive. There is an ENDLESS supply of ......Solyent Green.......
Nummy.. and glysophate? I love me some tasty cancer nuggets
No thank you 😂
What is the secret of Soylent Green?
Human meat 😅@@fultonjackwaterloo4085
Dead people. Great movie.
We just stopped buying steaks at Costco. They were $32 for 5 steaks 2 years ago. Same package costs $46 now.
😂
They been talking about the collapse from 2019 😂😂😂😂😂
Costco beef isn't very good anyway...
We don’t buy steak at all anymore. Consider yourself lucky if you can!
@@DeborahE7 eat been a and rice
All stores are raising prices, not just Costco. Many products that Costco are cheaper than elsewhere. Other items not so much.
Well, for this episode it's Costco.
You’re a smart shopper, you compare with other stores!
I've been shopping at Costco all the way back when it was called "The Price Club" in California and later the "Warehouse Club" here in the midwest. What originally attracted me was obviously lower prices for goods that me and my family use daily year in year out. Also, the veriety of offerings under one roof. One stop shopping was great. The video I've just viewed highlights pretty much everything I've been experiencing shopping at Costco over the past two plus years. In fact, to borrow a music trim, the price increases the video notes reached a "Crescendo" in 2023! It wasn't all that long ago that I could go to any Costco store and walk out with a cart and a half of groceries for $50.00 to $80.00. Over the most recent twelve months however, I have not been able to out of there, for the same items for under $150.00 to $200.00! Also, gasoline prices that use to be 15 to 25 cents lower per gallon than the discount gas stations is almost not worth continuing to buy gasoline at Costco. The per gallon savings where I live in southwest Ohio are only 2 to 5 cent per gallon below the discount gas stations. The bottom line, my wife and I have gotten creative about where we shop and what we buy where. In several instances we've found Kroger prices (the big grocery store chain here), are frequently lower than Costco and the quality, especially on produce better. We are seriously considering not renewing our membership!
the american taxpayer is the never ending pocketbook to anyone
It has ALWAYS been that way. Same all over the world. The pheasants pay.
As long as the hot dogs and chicken stays the same, I am okay
Hahahaha 😂🤣
Keep yout membership. Don't miss out on the guaranteed hot dog prices.
Chicken is very versatile and fairly cheap if bought whole! How many know how to cut one up?
To keep prices the same, instead they getting rid of the premium selection. They got rid of combos and now the churoes over a cookie.
It's BS I spend $405 on hardly anything
Ouch 😅
I receive a trust fund and have no problem affording food.
@@Spoiled_horsegirl okay? No one asked
@@Spoiled_horsegirl good for you 😁
@@mikeyg1776 someone is jealous.
The Costco here in Mesa Arizona had 4 people out front trying to sign people up for credit cards even before you enter the building. They know people already can’t afford their groceries
Lol. Credit baby!!!
Meanwhile I receive a trust fund and have more money than I can spend. I even spoil my horse. 😅
It seems very few can afford their groceries anymore without using a credit card. Dark and dire times.
They have done that ever year for years.
This is a regular thing they do. Comes with a free Costco reuseable shopping bag! 😃
They have been going up every month for the last 2 years.
People will think these prices are cheap when the shelves are empty...
Costco membership price hike has run me out period.
You can save more than u pay for the memebership: If u use the Visa Costco Card, you receive a Costco check every year. Using those great Costco coupons also save u lots more. I always buy many items on-line (u pay a little more than shopping in the store) - but u get free delivery to ur front door. And - it's one-stop shopping and very easy returns.
I like Sam's Club, especially at the "premium" level as that covers all shipping costs to my house. I can also order things at out-of-state clubs and have my kids pick them up or shipped free to them.
Sam's Club online shopping is day and night compared to Costco. I really hate just going inside the Costco stores these days. Too many looky loos and the check out is dreadful.@@xo2quilt
60.00 bucks kills you?
@@brianmatthews4149 Try living on a fixed income when everything is going up in price like crazy...not an easy task. You have to figure out where to cut spending that will hurt the least.
I always chuckle when people complain about inflation …. Most of these same people will still support pro athletes or entertainers multi-million dollar salaries by attending their venues!
I never understood wasting my time watching another man play a game, let alone wearing his name on my back.
No different then going to the movies, a comedy show, or paying for entertainment
Most braindead comment I've seen on this platform tbh
Our economy is based on entertainment! Without it what do we have? Virtually no manufacturing to speak if so this is what's left! A collapsing service based economy designed to keep people in debt chasing the illusion of a middle class lifestyle while lining someone else's pockets!
Dont do nothing then. Don't go take a crap so you don't make toilet paper companies richer.
In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
been doing that 40 yrs im good i have gold at 51 bucks a oz and silver 7bucks a oz
Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?
I agree, based on personal experience working with an investment advisor, I currently have $650k in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent,and have strong hands to back it up.
How can I participate in this?I sincerely aspire to establish a secure financial future and am eager to participate.who is the driving force behind your success?.
Marie Ann Treloar is the licensed coach I use, just to research the name, You'd find necessary details to work with a correspondence to set up an appointment.
Just like any other retailer, you gotta watch the prices on several items they offer. Especially the items that you just grab without checking price.
I’m worried how this will affect the birth rates as I can’t imagine having a kid right now 😢
That's by design
Duh that’s the plan are you ever going to wake up?
I heard it's dropped by 20% since 2020 for us citizens
Alot of the people having a baby right now are the ones that shouldn't be. They can't even support themselves.
Greatly. Who can afford kids
its not even real olive oil its only a small percentage
It's cancer
That 'Terra Dylissia' organic, the good stuff, I buy that.
Buy local olive oil or as close to the grove as you can. No cartels to cut it with cheap oils and it is fresh. The journey olive oils makes on tankers more than likely destroys all the goodness/health benefits.
@@renegademind1833 Mine 100% is good for 3 years I bet LOVE it..
yup bs dont buy it
Only buy what is needed. Only way we can drive down demand and lower prices.
WRONG SKYLINETECH!! If you can stock up on items now as the price will rise. When you preserve food the price you paid for it will never rise.
Brothers and sisters the truth is : we have to pay higher prices , for our food 🥘 and necessary needs. As our historic inflation , continues to destroy our economy 👏👏👏👏🙏🙏🙏🙏❤️❤️❤️❤️.
Wow thanks captain obvious your statements of the obvious are uncanny!
No 💩🤦
Biden : a second chance we can belive in. ❤ 2024
We are already in a new great depression. The quicker people realize that, the better off they will be.
@@jessicathompson236 Yes indeed, must of our population haven’t : wake up to a brand new resección 🙏🙏❤️❤️👏👏.
That is horse crap membership places should have razor thin margins on products because they're making a ton of money on membership fees Costco 124 million members strong keep your margins thin Amazon needs to follow suit too along with Walmart razor thin margins for members
You should get out more. Are you genuinely unaware of what is happening around the world? The cost of raw materials, gas, diesel, electricity, other forms of fuel, labor, insurance, transportation, and most other operating costs has risen in recent years. It is predicted that everything will increase significantly from what things cost today.
No u are Right Cards are the Profit nothing over15% cost CEO said . Plus no riots ,Shooting but TRASH does steal there too but lot less.🥰🥰🥰
The CEO makes 16 million
The COO makes 1.5 ,milliom
The CFO makes 6.2 million
That is a lot of sales just to pay their salaries. I keep wondering why these old men need such large salaries? Maybe they should invest in land and grow the foods they sell, or better yet help out local struggling farmers... Would be a win win situation
Despite the price increases Costco is still cheaper in general.
#RFMvids
It can be if you do what most costco members don't do: Portion control.
@@LyricsQuest How would you know? Speaking from personal experience I suppose. 😂
Doesn’t do a single person much good to buy at Costco👎 Yes, I’ve tried splitting stuff and freezing buts that’s not really good either. I’d need a huge freezer I don’t have room for and it would take me a year to eat it and I probably wouldn’t want whatever it was by then anyhow. 🤣So, it’s a waste of money for food but clothes and other things ok. They HAD a great book section but they did away with that👎
I have found as I was shopping in the produce area at Costco was already spoiling! It looked GROSS! 🤮
Costco has corrected local price gouging. Been a huge blessing to the general public.
in my opinion BULLSHIT.Costco is raping the consumers who support them
These megastores destroy main streets and family owned businesses. So now that these Costco Cheapies are getting hit with higher prices, well, I am laughing.
Yes fultonjack, shop local, shop small shops and support farmers/ranchers in you area. They need our help.
You are so wrong about Costco. Wal Mart? Yes, maybe. Costco on the other hand sells quality products at fair prices. They also pay their employees very well, provide excellent benefits and everyone who works Sundays gets overtime automatically, even part timers.
Costco benefits are freaking amazing for their employees and family members! Costco does right by their employees!
@@SugarBear-xq3xc Didn't the employees recently unionize? Mgmt was surprised at this saying they thought they provided good benefits and wages for their employees but supported their decision. I knew right away price hikes were in our future.
This is what is called Bidonomics
We have the best economic conditions out of every advanced country post pandemic! And our wage increase supersedes inflation. Moreover, it is deliberate corporate exploitation knowing the shallow thinkers don't understand causation. Lastly, every prediction on this channel has been false.
This is happening all over the world 🌎
Biden is not the president of the world 🌎
Educate yourself
Watch hundreds of thousands of RUclips videos about other countries going through the same thing
ruclips.net/video/R1pr_rA6J6w/видео.html
@@philmabarak5421that only means every other "advanced" country had leaders who had zero fear of their citizens, so they were taken advantage of to a greater extent. Our government knows it can only push so far before they find themselves in deep 💩
@@philmabarak5421sell that snake oil somewhere where there is a market for bullpucky.
4:23 olive oil not being stored in a dark container = emotional damage
David Ramsey said get yourself beans and rice😂
The price of rice went up at least thrice.
This sucks. Costco is going down hill.
Wow what a long line up for gas at Costco, to save one frigging cents a gallon
At 335
This year I was on the fence to renew my Costco membership. It doesn't seem like a premium experience anymore. I am hassled to get in the store, hassled by pushy salesmen throughout the store and then hassled to get out of the store, plus I feel the products are not superior quality like they used to be. The only reason I didn't canceled my membership was because I have the Costco Citi card and I didn't want to ding my credit (without the membership you cant have the card) and the membership is pretty much free with my rewards check but I will be closely evaluate the decision to renew ever year.
You save 1 cent per gallon , 15 cents total , and waste 25 minutes or more in line and 3 dollars idling the car waiting your turn.. That's dumb.
I agree. People want to make bigger salaries, so the stores are passing it on to the consumers It’s at the consumers expense. No surprise.
This is exactly why we’re canceling our membership. No more Costco for us. FJB.
Your membership is paid for if you only buy the gas for the year. Do your comparisons and shop where you can.
😂 Keep shopping at Walmart. FDT.
I want Costco to bring back their supreme combo pizza someday...
i miss the carne asada bake
I no longer by groceries at Costco, just basic items for laundry’s and paper goods
Instead of 4 Weeks in a month, we should have 6 weeks in a month , that might help with inflation.
Costco has always been expensive.
Compared to what?
Do you have examples on specific items?
As opposed to to other places!?
Greed is the root of all evil, look at our government, our big corporations and the whole world.
Costmo
lol
😂😂😂
Lol
Costmos😂
About a month ago Costco sold chicken breast for 2.99 per pound and our local Fred Meyer and Safeway were selling them for 7.99 !
It's still $2.99. ❤
Look at Alaska prices nuts.
Yes but Alaska wages are higher than the "Lower 48" wages. My sister brags that she made $100,000.00 last year delivering mail in Anchorage.
@@jimshoe402 At least you get Kirkland liquor...
Have you priced tires at Costco? The costs will send you right out the door.
I heard there a dollar each
I will never buy tires at Cost-more again. I got defective tires and they would not fix the problem. I bought at Americas Tire and was very happy.
Walmart for tires!
I buy my tires at Discount Tire. They rotate/balance for free and always stand behind their warranties. The workers are clean and polite.
@@963janet The one here will fix a leaking tire for free even if you bought the tires somewhere else.
The olive oil increase price has more to do with olive harvest in Europe and turkey. It was brutal
Gasoline prices are always lower than anywhere else. Even premium fuel is usually lower than the cost of regular unleaded at other gas stations. But look at all big oil companies, they make several billions in profit every quarter, every year, every decade. Mixing corn syrup ethanol to ruin your engine.
Really, if you factor your time of sitting in line for three hours to get it then it’s not that cheap🤣
@@lynnnash1175 I've never waited for more than 5 to 10 minutes to get fuel at our Costco
Look at all the new gas stations. We are not leaving fossil fuel any time soon.
Entire value meal at a fast food joint for $10 😂😂😂 not anymore
Costco membership prices are outrageous, it’s not worth it.
I save money each time I shop there, so it's worth it for me!
Last trip, I saved at least $35 and one shopping trip, I saved over $100.
Food has become very expensive everywhere. Costco is up from where it was but still lower than everywhere else.
We Just don't buy. then they gotta pickle their merchandise.
Costco prices and availability are regional. Not all products are available in every store. DUH! Comparing 2022 prices and 2024 prices are apples and oranges. Compare these same prices at ALL stores. Costco has the best prices and quality on most things hands down. SHOP AROUND, be a smart shopper. I see NO "furious" customers at Costco, and they are always busy. There's a reason for that.
In Canada the Chinese drive south about 3 miles from Markham to just above Scarborough to shop at Costco. None of them work but they're big supporters of Costco.
If prices are going up and profits are going up as well, time to stop shopping at Costco, they will repent and fix things or go out of business.
Median profits for grocery stores are up over 500% since 2020. They’re gauging and they know it.
@@Tacocasaking Costco still has lower prices than my local grocery stores.
You really need to understand INFLATION! Sheer money creation by the government causes inflation. Higher prices is the byproduct. Have you voted for pay increase? Prices go up to pay for employees.
@Tacocasaking I believe that to be very true. No way should prices be this high. I know because there is a local grocery chain that out prices costco on several items. Costco still has some good prices on some items. You just gotta watch them.
I never been there before
INTERNAL MATTERS ARE FAR FAR MORE IMPORTANT.
ECONOMY COLLAPSE IS A RESULT OF SPENDING BILLIONS OF DOLLARS ON EXTERNAL MATTERS.
The Olive Oil price increases is nothing to do with Costco. Spain (the world's largest producer) had a massive failure in their crop, thereby pushing the price up everywhere. I usually sell my home produced oil for 25 Euro for 5 litres, this year it is getting 60 Euros.
buy local from growers as close to the orchard as possible.
The prices online are usually higher than what they are in the store.
True Spain is suffering from a multi year drought. Prices are way up in Spain for olive oil.
Food producers greedflation.
That’s inflation, why wouldn’t they raise prices!
You can blame Newscum for the compliance fee that add to the misery of stuff being so expensive.
*To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Tracy Britt Cool Finance focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.*
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are the strategies?
I'll advise you to work with a financial advisor.....Building a good investment portfolio is more complex so I would recommend you seek,
(Tracy Britt Cool Finance) support.,
This way you can get strategies designed to address your unique long/ short-term goals and financial dreams.,
Wow.,
I love me some rotisserie chickens
I shop there all the time, notice today they raise a lot of prices $1-$2 on some veggies I usually get, the other items also been rising. Now I’m starting to spend more and more, but now I’m going to start spending less and going less, maybe Sam’s club sounds more affordable. Costco isn’t as affordable as it used to be..
Greed is ruining everything
No .. fakery is
Yeah! Why did Donald Trump inevnt greed? Humans were doing just fine for hundreds of thousands of years before Trump and the republicans invented greed back in 2016. Lets get rid of greed!
If we get rid of greed and inequality then problem solved!
We can outlaw greed by allowing the state to redistribute the wealth evenly!
We can get rid of inequality by giving everyone an equal wage mandated by the government!
I'm so smart, why hasn't anybody thought of this before? I think I'll call my idea Socommunicialism.
Mike sounds like he just lives off other people
Government greed. They keep printing money and that devaluates the currency.
The Feds and Joe Biden is ruining everything.
All these ignorant complaints on Costco prove how ignorant people are. How dare Costco pay people a living wage, a great benefits package and OT if you work Sundays? Also, how dare them stop theee mom and pop low paying shops from price gouging the public? I feel bad for small towns that have to drive hundreds of miles to a Costco to be treated fairly as a customer as far as honest pricing and quality.
I got a job there and only worked there 1 day. They said they make no profit on groceries but credit cards and the $120 Membership not the $60..they were aggressive in the credit cards and very unfriendly...I will not push people in debt..I never went back
Yeah, I can verify what you're saying is correct because I have two family members who work there.
Hold on, ypu worked there..oh yea you don't or didn't...byeeeee
Don't complain, just move out to California and you can walk out of the store with it.
Olive oil is a bad example... its up across the board due to poor olive crop yields in Europe.
He also used the online price, which is usually higher than the in-store price.
Noticed Costco lack of savings about a year ago, these days I only buy things that are on sale or for gas purchases. For the most part I only continue their cheapest membership in order to return anything I have bought in the past. Produce is one of the most disappointing due to the fact that everything is priced for organic labeling and like stated in this video, the items spoil with in a week of the purchase.
100% Agreed. Nowadays, I shop Costco for on sale items and stock up then.
Costco has never been a savings. Majority of the products can be purchased for cheaper in a discount grocery store. Atleast this is the case at Costco Canada. Ex: those bagels? You can get 1/2 dozen at my grocery store for 1.97$. So 1.97×2= just under 4$ for a dozen bagels.
Costco is a large, shining example of disasterous consumerism.
I miss the the chocolate dip with almonds Ice-cream bar at the food court.
That was the best! They should have just raised the price and kept it
Yup everything is high now.
Who cares. Don't buy their products. Most of what people buy, they don't need. Only buy what you absolutely have to. Put them out of business. We don't need American businesses or this government.
Last time I was at Costco was the week to prep for Thanksgiving last year. Still recovering from the craziness. About $600 each time shopping there so don't look forward to it. Notice that many of the food items online are so much more expensive than at the store. Still many of the items like their hamburger patties, chicken wings, olive oil, A1 sauce all almost double in price and smaller prior to Covid.
Bye Bye COSTCO !GOOD RIDDANCE!
I’m done with costco
There's always Dollar general,you peasant
Oh my gosh...the narrator is great!
I don't buy groceries anymore. I stopped eating. Too expensive to buy groceries.
🤣🤣🤣🤣🤣🤣🤣
Organic ground meat pack of three used to cost 18$ a few weeks ago and now it’s 26$. California
Groceries are 25% more in 2024 compared to the prices in 2019-20 its ridiculous. Nothing but price gouging.
The Country should Boycott Costco for 2 Weeks Nation wide.
They will feel our pain.
I buy a lots non grocery items at Costco, only Costco allows return on most everything they sale. Try that with other stores. Overall, Costco still the best! If you don’t like Costco, vote with your feet - don’t stretch the truth, only reported bad stuff (every one had to increase prices to survived the pandemic), and didn’t mentioned any of the good things.
Yep, Costco's hurting. I know people who work there, and they've been told if they want volunteered to give up their hours to cut back on payroll. They've been doing this since the end of last year. There profits doesn't come from selling the groceries, but from their memberships that's why they were trying to force people to get their own membership and not share with family members who can't afford them. Anything that you see once you cross the entrance is being paid for them to advertise to you to buy.From manufacturer, so basically, product placement in your face to buy!
In the same manner sales are aggressively promoted, price increases should also be announced in advance.
So expensive to even piss olive oil
I gave up on Cosco last year. They got rid of my favorite item the Great American Chocolate Cake. The cup cakes that replaced it suck. Huge crowds, and pricing showed it was no bargain anymore.
If you read my full comment prices also why I left.
For just us 2 adults, costco is not worth the membership cost.
We cant use much of their products in bulk before it goes bad.
No savings in that.
And the problem is their trying to keep this 2 day shipping competition!! With Amazon Which increases cost to high !! It's forcing heavy demands on the finances
This is because of shear greed by Costco. True. It used to be a great place to shop but many items
shouldn't be as high as they are. SHAME ON THEM
Sheer not shear which means to cut
The same of handful 'chosen people' own/control everything. Same people are the reason YOU suffer!
Enough already!
Stand up and resist!
stop complaining and work harder
Dude it’s a membership based business. Don’t go or get a membership . Sit your butt down son!
As one of the “chosen people” I command you to be more frugal by paying attention to your spending and cutting back on luxuries you don’t appreciate
Costco is for rich people
At least this will solve the obesity epidemic. Make America Hot Again!
Eating cheap food causes weight gain
Diabetes cancer and kills people
So people that can’t afford food are going to buy cheap foods , white rice turns to sugar, no nutrition
Potatoes turns to sugar causes people to gain weight
Crackers turns to sugar
Pasta turns to sugar
u rarely see a hot american even if they weigh 102
Voting has CONSQUENCES. This time THINK, then VOTE,, Please don't screw up this time...
Dates have DOUBLED in price!!!!!
I used to buy steak from Costco nearly every time I visited. I can't remember the last time I did this as my local grocery store now mops the floor with Costco on price. This is opposite of what it used to be. I often find better prices AND quality on produce like blueberries at Sam's.
I love listening to this cat, “the world as you know it is about to entirely collapse.” In a fancy accent. At first I didn’t think he was serious; I thought it was a parody. I’ve been listening for a while now to Epic economist. Great unbiased news reporting; in a fancy accent. 😁👍🏻
That is ridiculous.
If they're getting record level profits, there is NO reason to increase prices.
I'm a big horror fan, and "enjoy" the content from this doom and gloom channel. Whenever I'm feeling down I like to watch your apocalyptic style videos proclaiming "The Collapse Has Begun!" or "Be Ready For The Collapse!" You should try and mix up the thumbnail captions with something like "The End Is Near!" or "The Dead Walk!"
Last week we spent over 200$ for about 10 items. That gotta be really excessive price gouging....😮
Welcome to a Costco. I love You
Local farmer time
They need to raise the price of their rotisserie chicken to 10 dollars. It's still a great deal at that price. And it would keep people from buying 50 at a time. Also they need a no return policy on perishables. I've seen way too many people return christmas trees after christmas, that's way beyond fked up.
Hmm. I wonder if Diners are buying them to make chicken salad or whatever.
10$ chicken is still a good deal; a chicken sandwich combo meal is now 10$, fast food joints.
Bull crap roadside..anyone sells me rotten food, IM TAKING IT BACK! I also just recently took back a take out order that was bad. I 'know' what it was suppose to taste like. They used old freezer burned chicken. We ALL know what that taste like right? Ewwww. Not paying for rotten/bad food!