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Articles related to "costco"

Costco has a $275 million plan to make sure its rotisserie chicken never costs more than $5

  • However, Costco is in the process of opening a new factory that will help the company avoid losing money on chicken.
  • The company plans to open a $275 million poultry-processing center in Fremont, Nebraska, in September 2019, according to executives.
  • According to Galanti, the processing center will aim to produce about 100 million chickens a year, roughly a quarter of Costco's US demand.
  • Once the plant is up and running, it is expected to process roughly two million chicken a week, according to Craig Wilson, vice president and general merchandising manager.
  • The chicken factory will follow in the footsteps of a strategy Costco has used to maintain low hot dog prices.
  • Keeping these fixed prices low is a key part of Costco's strategy to win over customers.

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Costco offers discounted gym memberships — here's how much you can save

  • Costco is known for its membership perks, many of which extend beyond the four walls of the store, like cheap gas, vacation deals, and insurance policy discounts.
  • Costco members can buy a two-year, all-club, 24 Hour Fitness membership package for $399.99, according to Reader's Digest.
  • The membership works in much the same way as the other products Costco sells in-store: members buy in bulk to get the savings.
  • These membership perks are one way that Costco attracts and retains members.
  • Cheap gas and travel deals are used in a similar way.
  • According to a survey done by Oil Price Information Service (OPIS) in March 2017, Costco beat out major gas chains, as well as warehouse-club rivals such as Walmart-owned Sam's Club and BJ's, to rank as the cheapest place to buy gas in the US.

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