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Stock impact report

Costco adds more big brands and lowers prices [Yahoo! Finance]

Vera Bradley, Inc. (VRA) 
Last vera bradley, inc. earnings: 3/11 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
While many Costco customers join the warehouse club for its low prices, others appreciate its treasure-hunt business model. That's the ever-changing selection of merchandise designed to delight customers and encourage them to visit the store looking for ground beef, paper towels, and coffee, but leave with a kayak or a new winter coat. "The treasure-hunt concept is built on the behavioral principle that people are motivated by variability. Humans respond strongly to unpredictable rewards — a phenomenon studied extensively in behavioral economics and cognitive psychology. In Costco's case, unpredictability doesn't cause frustration; it sparks excitement," according to a report from Mojo Sales and Branding, a consumer-behavior consulting firm that advises retailers on merchandising strategy. It's a strategy that drives sales, which also makes shopping at Costco at least partly an entertainment experience rather than a traditional utilitarian one. Even if you don't buy new skis, a s Show less Read more
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