Costco brings back purchase limits on water, toilet paper, and more

Costco brings back purchase limits on water, toilet paper, and more

9/25/2021 3:43:00 PM

Costco brings back purchase limits on water, toilet paper, and more

The membership-only warehouse chain said it wants to make sure those items stay on shelves as it copes with supply chain challenges.

“A year ago there was a shortage of merchandise,” Galanti said. “Now they’ve got plenty of merchandise but there’s two- or three-week delays on getting it delivered because there’s a limit on short-term changes to trucking and delivery needs of the suppliers, so it really is all over the board.”

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The membership-only warehouse chain beat analysts’ expectations on Thursday for the fiscal fourth quarter, which ended Aug. 29. Yet, Galanti said, the pandemic has challenged Costco’s supply chain and increased its costs, as it has at other retailers.

Costco is placing earlier orders to get what it needs, Galanti said. He added the company has chartered three ocean vessels for the next year to transport containers between Asia and the U.S. and Canada. Each ship can carry 800 to 1,000 containers at a time, he said. headtopics.com

As early as August, there had been some social media posts about product limitations for some of its private-label products. This week, the retailer warned some customers that they may see delays when they placed an online order for toilet paper — a household item that has become synonymous with stockpiling. That delay was

first reported by Fox Business, which saw it mentioned in a purchase order confirmation email.Galanti said on Thursday that demand was strong for jewelry, home furnishings, pharmacy and sporting goods during the latest three-month period. He said the retailer — best known for big and bulky — “sold a couple of rings in the $100,000 range.”

Costco’s shares were up less than 1% on Thursday evening. As of the market’s close, the stock had gained 20% this year, bringing its market value to $200.16 billion. Read more: »

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Was in Sams club today....same thing. teresa81394 As it should. ✔️ They're back I can’t blame them. To be honest it should just stay that way Good.. Should put a vax requirement on it Bidenomics Stop panicking people it’s not the zombie apocalypse 🙄

Costco is limiting how much toilet paper you can buy againIt isn't only demand that's causing Costco to limit purchasing of toilet paper, paper towels and cleaning supplies. The warehouse store is also having trouble finding trucks, drivers and shipping containers to get the items to its stores. I think it's safe to say this is all down either to Trump or Brexit. Cuz JoeBiden ’s bribes fo votes Just make it more course. That’ll limit the amount people take.

From Christmas trees to kids' lunches, product shortages continue to hamper shoppersCostco has even reinstated purchase limits on toilet paper, paper towels and bottled water. Well shit... idc, i dont find the need to buy a years worth of those things , at one ..Go at it ...hell to be honest i could afford it .........min wage after bills im net positive 10 dollars toilet paper 20 dollars for 100 rolls ille familey dollar my 8 rolls for $4 Good! Hoarders need to learn a lesson.

Costco is limiting how much toilet paper you can buy againIt isn't only demand that's causing Costco to limit purchasing of toilet paper, paper towels and cleaning supplies. The warehouse store is also having trouble finding trucks, drivers and shipping containers to get the items to its stores. I think it's safe to say this is all down either to Trump or Brexit. Cuz JoeBiden ’s bribes fo votes Just make it more course. That’ll limit the amount people take.

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