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Costco chairman on why the popular wholesale chain sells diamonds, gold bars and sports cars: 'Affluent people love a good deal'24-karat gold bars a month. James said Costco is more interested in providing a good value to its customers than a cheap price. "If someone wants to buy a $500 TV for $250 at Costco, we want to sell ...
according to Costco CFO Richard Galanti, who told investors during a call on Tuesday that the gold bars are quick to sell out. "I've gotten a couple of calls that people have seen online that we ...
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