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Supply Crunch Drives Costco to Reintroduce Buying Limits on Items Like Toilet Paper

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24.09.2021

Supply chain problems are pushing Costco to reintroduce purchase limits on key household items like bottled water and toilet paper, according to the company’s chief executive, who cited factors like port delays, driver shortages, and general “COVID disruption.”

Richard Galanti, Chief Financial Executive of Costco, told participants on an earnings call on Sept. 23 that the company was facing supply chain issues and inflationary pressures.

Factors pressuring supply chains and contributing to inflation, according to Galanti, include “port delays, container shortages, COVID disruptions, shortages on various components, raw materials, and ingredients; labor cost pressures, and trucker and driver........

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