02-07-2021, 07:12 AM
Does Costco even lease mall space?
Costco has an average 11% markup. Stores in shopping malls must pay a percentage of their sales/profits to the mall in addition to rent. That additional cost may not align with Costco’s business model.
Costco has an average 11% markup. Stores in shopping malls must pay a percentage of their sales/profits to the mall in addition to rent. That additional cost may not align with Costco’s business model.