Costco says Americans are panic-buying one thing again—and it’s not toilet paper |
Costco says Americans are panic-buying one thing again—and it’s not toilet paper
Record gas station traffic helped fuel strong quarterly sales as drivers searched for relief from rising prices.
[Photo: Sundry Photography/Adobe Stock]
With gas prices soaring, Americans looking to save at the pump are flocking to Costco in droves.
In its latest quarterly earnings report, the budget-friendly retailer described a “record-breaking” volume of sales in its gasoline business. Costco operates its own pumps attached to its retail locations, which members who pay $65 annually can use to........