11 Things To Know Before Buying Costco Furniture
11 Things To Know Before Buying Costco Furniture In 2022
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Type |
Public |
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Nasdaq : COST NASDAQ-100 Component S&P 100 Component S&P 500 Component |
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Industry |
Retail |
Predecessor |
Price Club |
Founded |
July 12, 1976 ( 1976-07-12 ) (as Price Club) San Diego, California , U.S. September 15, 1983 ( 1983-09-15 ) (as Costco) Seattle, Washington , U.S. |
Founders |
James Sinegal Jeffrey Brotman Sol Price Robert Price |
Headquarters |
,
U.S.
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Number of locations
|
804 [1] (2021) |
Area served
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Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States |
Key people
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Hamilton E. James (Chairman) W. Craig Jelinek (President and CEO) |
Brands | Kirkland Signature |
Services |
Merchandise Cash & Carry Warehouse club Filling stations |
Revenue |
US$166.76 billion [2] (2020) |
US$6.023 billion [2] (2020) |
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US$4.002 billion [2] (2020) |
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Total assets |
US$45.40 billion [2] (2019) |
Total equity |
US$15.24 billion [2] (2019) |
Members |
105.5 million [3] (2020) |
Number of employees
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273,000 [3] (2020) |
Website |
www .costco .com |
Costco has made it less common to claim that you can buy anything.
A huge company sells furniture. Because their markup is so much lower than that of furniture stores, you will get amazing furniture prices there.
There are many benefits and drawbacks to Costco, in addition to the savings. As with everything in regards to Costco, it helps to know how to maneuver through the following:
With this in mind, there are 15 important things that you need to be aware of before purchasing furniture at Costco.
Costco is known for its sale-friendly furniture.
Furniture shops will markup their products with exorbitant prices, up to 100% and even 200%. This sounds crazy, but it’s true.
On any given day, Costco has a markup of only 14%. A $600 piece of furniture such as a table, couch, table, desk or TV unit would retail for the following prices with all the associated markups.
Costco hosts semi-annual furniture events. In addition to offering a substantial markup relative the usual furniture store price, These are great times for additional savings.
The events for sales are scheduled at 2 points in the year.
These events are highly sought-after shopping periods of the year, so their timing couldn’t be better.
Unfortunately, Costco does not deliver furniture. For some people, this could be a deal-breaker, and not unreasonably so.
However, if you don’t have a large vehicle or truck, you could try one of the following methods to deliver the furniture.
You can find my complete guide to Costco delivery here.
Costco also offers some great deals and has an excellent return policy. This policy allows you to simply and quickly return items, regardless of whether or not there is a reason.
Some exceptions may apply to other products but not furniture. Costco boasts one of most generous returns policies.
Everyone who has written about Costco knows at least one point of common ground: Look closely at the price tags. The price tags contain codes which give information about the item.
What is the best way to know which furniture products are marked down? Easy. It will either end at $.97, or $.79 depending on what is displayed on the tag. Why Costco cannot simply say “On Sale” or “Clearance” is a mystery, but now you know.
Costco’s price tags offer more information than just this. It is possible to find out whether furniture will be discontinued or restocked at Costco.
Costco is infamous for having items that disappear, never to return. These items are now easily identifiable. You can simply look at what the item’s price is. A price tag with an asterisk will indicate that it won’t stock the item again.
Costco membership is required to purchase furniture. The levels of membership can be accessed easily:
If membership is a little off-putting, there is a way you can check out the store without becoming a member. Members can take up to two guests with them per visit.
So it might be good to ask a friend who has a Costco membership before getting a membership.
From membership to the way things are laid out, Costco can be overwhelming, and even a bit bewildering. Costco stores, which are literally huge warehouses, often have a layout that resembles a warehouse’s: goods placed on top boxes and pallets.
This layout can make it easier to choose the furniture that you are looking for. Most stores have a consistent pattern. If you are an impulse shopper, beware of:
These are the places where the greatest deals can be made with electronic and household products, as well.
These furniture pieces can be found at the warehouse’s back. Costco also has an open area in the middle that is filled with shelves and high shelving. You will usually (see below) find furniture in this open space in the middle of the store.
Costco often moves items because it loves to give customers the experience of a treasure hunt. It is also more common to end up with something you did not intend to purchase if you take longer to search for furniture.
Furniture is seasonal. When you are looking around the store, be sure to keep an open eye. Do not assume it is gone if you don’t see it initially. The item may be moved to another place.
There are always some people who simply don’t enjoy dealing with crowds, the shop’s treasure hunting mentality, and so they choose to shop at Costco. There are also sneaky individuals who think they can eyeball the item in the store, then buy it online to get delivery (more on that later).
You can order online and have it delivered.
You won’t usually find items from stores for sale online. It is impossible to order delivery for the items you are looking for.
Below are some additional tips for furniture shopping at Costco. As mentioned before, the general shopping experience can be somewhat confusing.
These tips make life simpler.
If you don’t have your credit or membership card ready, check out can become a pain.
Costco could be dangerous if you are hungry. You might end up buying more food than you intended, or buy food that is not yours.
Please keep your receipt handy because pleasant employees check it by the products you are taking out of the store.
To learn more about Costco, you can also see our guide on Costco statistics and learn how this retailer is competing with Walmart and Amazon.
Additionally, you can see our other guides on the Costco furniture warranty and if Costco delivers furniture to their customers.
Which month is furniture at Costco?
January
Does Costco Offer Financing On Furniture?
Unfortunately, no. Due to its razor-thin margins, Costco cannot offer furniture financing. While there is a lot of furniture on the market, Costco can still offer excellent financing options (e.g. “no interest for,” or “no monthly payments until”)
Is Costco able to get new products every so often?
What Day Does Costco Get Shipments? Costco warehouses typically receive 3-6 initial loads per day. This is then hurried down to the floor to be used for inventory restocking. The exact amount of shipments can vary from one location to another, however, they are all generally delivered daily. This means that employees have to stock the essential and specialist items within their work shifts.
What is the best way to return furniture to Costco?
Costco products purchased in-store must be returned to the Costco returns counter. Online orders can be returned to any Costco warehouse or you can make a request through Costco.com.
.11 Things To Know Before Buying Costco Furniture In 2022