Costco boss reveals luxury items that regularly sell out because affluent members 'love a good deal'
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Costco boss reveals luxury items that regularly sell out because affluent members 'love a good deal'
Wholesale-based retailer Costco routinely sells out of its stock of high-dollar, luxury goods thanks to 'affluent people love a good deal', the company's chairman has revealed. Costco boss Hamilton James claims that while most shoppers are 'average-income earners' in search of 'higher-quality goods at lower prices', the store is routinely replenishing its stock of luxury products. James claims that the retailer's 'affluent members with two times the average income' allow Costco to 'do remarkable things'.
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