Costco to Rely on Advancing Orders, Production Shifts to Offset Tariffs
Costco Wholesale is taking steps to reduce its exposure to tariffs by pulling orders forward and moving the sourcing of its private-label products to the regions where they are sold.
These actions have helped lower costs for the warehouse-club chain, while also enabling it to avoid sharp price increases for consumers, Chief Executive Ron Vachris said on a call with analysts Thursday.
"We're watching pricing daily, if not hourly, on every key commodity," he said, adding that prices have recently come down for...
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