Delivery delays drive Costco to bring back limits

2021-09-24

Costco will put purchase limits on in-demand items, including bottled water, paper towels, toilet paper and certain cleaning products, to keep shelves stocked while it copes with shipping delays, Chief Financial Officer Richard Galanti said. The retailer reported a 17% jump in revenue in the quarter ending Aug. 29, compared to year-ago figures, and says factors including higher costs for labor and shipping, shortages of containers and truck drivers, and port congestion are contributing to the delays.

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