Costco Leverages Buying Expertise and Limited Product Selection to Counter Tariff Pressures
Costco is reportedly relying on its limited SKU model and experienced buying team to mitigate tariff impacts. The retailer has introduced over 30 new Kirkland Signature products while consolidating suppliers for significant cost savings, according to recent reports.
Strategic Approach to Tariff Management
Costco Wholesale Corporation is reportedly leveraging its distinctive business model to navigate ongoing tariff challenges, with sources indicating the company’s limited SKU approach and experienced buying team provide crucial flexibility. According to reports from the company’s recent earnings call, this strategy allows the retailer to quickly adapt to changing market conditions while minimizing consumer impact.