(ReliableNews.org) – The combination of the rise of the COVID-19 Delta variant and the upcoming cold and flu season has at least one members-only, big-box retailer taking precautions to prevent shortages. On Thursday, September 23, Costco announced its decision to set limits on the purchase of “key items,” including toilet paper, its Kirkland Signature branded water, and cleaning supplies.
Costco’s chief financial officer and executive vice president Richard A. Galanti made the announcement during the company’s fourth-quarter earnings call. The company also released its quarterly operating results figures.
Costco confirmed that it was “putting some limitations on key items” such as toilet paper, cleaning products and Kirkland Signature water. The retailer cited an uptick in demand because of the Delta variant and a shortage of truck drivers. https://t.co/7yeRaS6UDM
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Galanti didn’t specify what those limits might be on the items. He did advise the company was invoking the limitations proactively as a response to an increase in Delta variant-related demands on those products. Galanti also pointed to “port delays” as a factor in the decision.
Last year the company experienced a “shortage of merchandise,” he reportedly explained. This year, the company has plenty of available supplies. However, it could take up to three weeks for the delivery of the restricted items.
On the plus side, Galanti reported that Costco recently opened a $340 million West Coast distribution facility to ease some of the pressure on supplying bulky items to its warehouses.
What about you? Are you stocking up on toilet paper and other essential items for winter?
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