Costco: price guarantees reduced now to only 2 weeks?
I was in my local Costco yesterday to request a credit on some baby formula that is on sale. While I was within 2 weeks (so no problems), the representative told me that Costco has now reduced the time frame for price guarantees to only 2 weeks.
Out of curiosity I asked him why since many other businesses and stores are 30 days, and he advised it was due to pressure from the suppliers and also due to abuse of the system.
I had my impatient toddler with me, so I didn't have time to ask for more details such as what would stop people from returning and repurchasing items at the lower price (which was likely the foundation of price guarantees).
Out of curiosity I asked him why since many other businesses and stores are 30 days, and he advised it was due to pressure from the suppliers and also due to abuse of the system.
I had my impatient toddler with me, so I didn't have time to ask for more details such as what would stop people from returning and repurchasing items at the lower price (which was likely the foundation of price guarantees).