Costco Face Massive Shortages And Now Basic Food Items Are 100% More Expensive

Costco Face Massive Shortages And Now Basic Food Items Are 100% 

More Expensive

source

Epic Economist

564K subscribers

10,788 views May 1, 2023

Costco is facing a lot of pressure right now. Shoppers are reporting extreme price increases, while food and product shortages are forcing the company to discontinue a long list of items and reintroduce purchasing limits at its warehouses. Several reports reveal that the wholesaler’s supply chain is eroding, and that is leading the company to close some locations across the country and consider shutting down all of its famous food courts. But the retailer’s problems don’t end quite there. Bloomberg just reported that Costco registered its worse sales levels since the onset of the pandemic, and markets reacted by sending its stock right to the ground. Given all the turmoil the warehouse chain is facing, analysts are starting to question whether Costco is going to get through the crisis in retail intact or suffer some distressing consequences. more : https://youtu.be/bj5Eai7k7dQ

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