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Costco
05/26/2022
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By Kevin Hughes
Consumer stocks lose $550 billion in market value as rising costs and bloated inventories push retailers into the red
Some $550 billion in market value was wiped out from consumer stocks over a five-day stretch last week, increasing the downward pressure on a market already stressed by fear of inflation and soaring interest rates. “It has been an absolute bloodbath for retail. To a certain extent, I think that’s the rebalancing of expectations, and […]
10/14/2021
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By Ethan Huff
Walmart, Costco limit toilet paper sales as the engineered covid collapse accelerates
A fresh round of supply chain woes is hitting Costco and Walmart, which are once again limiting purchases of toilet paper due to the Wuhan coronavirus (Covid-19). According to reports, the two retail giants are blaming the shortage on many cargo ships that are waiting to dock off the coast of Southern California. Some of […]
09/30/2021
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By Arsenio Toledo
Costco limiting consumer purchases of essential items like toilet paper as supply line collapse accelerates
Membership-only retail chain Costco said on Thursday that it was bringing back limits on purchasing key items such as toilet paper, bath tissues, bottled water and cleaning supplies to prevent hoarding amid another surge of Wuhan coronavirus (COVID-19) cases. During the first surge of COVID-19 cases early last year, people all over the country began stockpiling household […]
09/28/2021
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By Ethan Huff
OUT OF STOCK: Costco once again limits purchases of toilet paper, cleaning products and water as supply lines unravel
We are beginning to see signs that another round of Wuhan coronavirus (Covid-19) supply shortages is on the way. FedEx is reportedly short about 25 percent of its packaging supplies; shipping hubs are about 35 percent understaffed; and Costco is once again rationing purchases of toilet paper, cleaning supplies and water. For the time being, […]
02/29/2020
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By Ralph Flores
COVID-19 fears send global markets into a tailspin, U.S. stock market closes its worst week in 10 years
The U.S. stock market capped its worst week since the 2008 financial crisis on Friday, with all major stock indexes tanking over worries that COVID-19 could potentially end one of the longest economic expansions in history and send the global economy into recession. The CDC reports 15 confirmed COVID-19 cases in the U.S., as well […]
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