Amid the towers of bulk toilet paper and cereal, Costco members are increasingly flocking to the wholesale retailer for a surprising reason — fashion.
Costco has established itself as an unlikely leader in apparel and footwear sales, bringing in $7 billion in annual sales at a rate that has been growing by 9% for the last four years, according to The Washington Post. Fast-fashion brands have found a sweet spot in offloading excess inventory at Costco stores, where an audience of 85 million members is increasingly loading apparel items into their carts. Visit Business Insider's homepage for more stories.
Costco has established itself as an unlikely leader in apparel and footwear sales, bringing in $7 billion in annual sales at a rate that has been growing by 9% for the last four years, according to The Washington Post. Fast-fashion brands have found a sweet spot in offloading excess inventory at Costco stores, where an audience of 85 million members is increasingly loading apparel items into their carts. Visit Business Insider's homepage for more stories.
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