(FOX BUSINESS) – Costco confirmed it will start limiting purchases on essential household products for what has become a perfect storm of supply chain delays for many retailers.
"We are putting some limitations on key items like bath tissues, roll towels, Kirkland Signature water, high demand cleaning-related skews related to the uptick in the delta-related demand," Costco chief financial officer Richard Galanti said during the company’s fourth quarter earnings call.
The wholesale retailer has already been warning customers to expect delays on select items. Costco's current supply chain and inflationary pressures, which include port delays, higher labor and freight costs, and shortages on everything from shipping containers, trucks, and drivers to various components, raw materials, and ingredients, have caused most of its general items to sell out within two weeks.
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