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on 2012-09-11 09:07 pm (UTC)
Posted by (Anonymous)
I am not sure I would expect much of a seltceion of local products at Costco. I have had a Costco membership for more than 15 years and have routinely used the ones in Rockland (where I grew up) and Westchester Counties as other locations and don't recall seeing many local products sold. Remember this is a warehouse club and it has a very different model from other retailers. Costco generally stocks a small seltceion of items that are sold in bulk quantity. For instance, if you want to buy laundry detergent, Costco typically only stocks a 3 or 4 brands- and each brand is only sold in one size. By stocking only a few brands in limited sizes- it allows Costco to sell more of each one and buy in larger quantities for cheaper prices. If I recall correctly, Costco will not mark a product up more than 15% of their cost. Despite the low mark up (they make their profit on the membership fee) you can sometimes find better deals at a supermarket (although that is much easier to do in the suburbs) because the supermarket will have an item sold as a loss leader to get you in the door. Hopefully the East Harlem Costco will have prices that are close to the prices of the suburban Costco's. I went to the new BJ's in the Bronx since I live near 145th in Harlem a few weeks ago. The prices there are higher than what I am accustomed to paying for items in the suburban stores- but cheaper than the Supermarkets in Harlem. If the East Harlem Costco's prices are too high- I might be tempted to join BJ's since it's closer.
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