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Costco quietly slashed prices on popular items [Yahoo! Finance]
Last walmart inc. earnings: 2/18 06:00 am
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The first time I visited a Costco warehouse, circa 2005, I was floored by the almost unbelievably low prices I saw. Those ultra-low prices are long gone, though. Like many retailers, Costco has been forced to raise its prices through the years to keep up with inflation . And that's understandable. It would almost be ridiculous to expect Costco to maintain its price points from 20 years ago. And while Costco has held its $1.50 hot dog and soda meal price steady for about 40 years and counting, the company can only inflation-proof so many deals before running itself out of business. Still, my recent trips to Costco have been a bit painful. A lot of products have shrunk in size, gone up in price, or, in some cases, done both at once. And while I'm still getting a good deal compared to other stores, it's not the same good deal I used to get years back. Still, as a 20-year member, I appreciate the fact that Costco always does its best to keep prices down, even during periods whe
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