Share This Article
15 Things To Know Before Buying Costco Liquor In 2022!
|
|
|
|
Type |
Public |
---|---|
Nasdaq : COST NASDAQ-100 Component S&P 100 Component S&P 500 Component |
|
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.
|
Number of locations
|
804 [1] (2021) |
Area served
|
Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States |
Key people
|
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) |
|
US$4.002 billion [2] (2020) |
|
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
|
273,000 [3] (2020) |
Website |
www .costco .com |
Costco can be a fantastic place to get bulk discounts on your favourite items. You may not know this, but Costco sells liquor.
Keep reading for the top 15 facts to be aware of before buying Costco liquor.
Costco’s retail markup is lower than other retailers. Other liquor stores have a higher markup at 25 to 45 percent.
Costco has a better price on wine, meaning that you will get your next bottle cheaper. You can also buy a larger bottle at half the cost of smaller bottles.
Their lower prices mean they have a smaller margin on every bottle. However, they compensate for that loss in volume sales and repeat business with loyal customers.
Costco offers a great Kirkland liquor selection, as well as more popular brands. Some luxury brands are also available. The Kirkland label can be used for any type of beverage you wish.
Get drinks from:
Kirkland products from Costco often are produced in the same facilities as other high-end brands.
The back of the liquor bottles may give you clues about its brand name counterpart.
Below are the name brands behind the Kirkland spirits, or so it is believed (however, this has not been confirmed).
Unbeknownst fact, Costco wines are created at the top wineries by using the exact same grapes that high-end wines.
Like with spirits, read that label for clues as to how the wine is being produced. By choosing Kirkland, instead of Champagne Janisson & Fils (or Champagne de Bruyne), you will save quite a bit.
In fact, Kirkland wine is sourced from the same vineyards as some of your favorite brands, including the vineyards below.
Costco can sell Dom Perignon. For those who want to go all out between Kirkland bottles and the liquor section, there are some surprising brands available.
Costco also carries limited-edition products that are perfect for collectors. If you’re a good shopper, there may be a hidden gem in your next monthly or weekly liquor purchase.
The following 12 states have no requirements that you be a Costco member to buy liquor at Costco.
Simply go in, tell the clerk at the door you are looking to buy liquor and they will allow you to do so without you needing a membership.
A membership is optional if the state you live in does not permit you to join. Or, you can get a Costco membership.
He mostly refers to hard liquor. As such, it is likely that you can buy beer and wines regardless of your location.
Keep in mind, however that liquor may not be available at certain times of the day or on certain days.
These restrictions vary by state. You will have to consult your local regulations in order to determine exactly what you can buy at Costco’s closest location.
Holidays bring even more gifts baskets. This seasonal gift basket includes advent calendars as well as holiday liquors.
Costco will sell you wine or liquor if you want to purchase it.
The asterisk will normally be located in the top-right corner. Clearance products are indicated by an asterisk.
That means it is marked down and priced to move! It is a favorite of yours, so make sure you stock up. Clearance merchandise is not available for restocking so get them now.
Costco updates its shelves regularly and quickly! Each day, they restock at 4 am. You will be able to check again the next morning if you have a favourite spirit that is no longer in stock.
Costco has great deals all the time, but did you know statistically, it is cheaper to buy liquor during the week?
It is good to keep this fact in mind the next time you plan a trip to Costco. For a discount, make sure you shop liquor throughout the week.
Through Instacart, you can get same-day delivery on your favorite Costco liquor and wine.
Costco does not offer this product in all stores.
Your ID will be needed to verify your legal drinking age. My complete guide on how to get alcohol delivered by Costco can be found here.
Costco provides empty boxes for shoppers to grab at the entrance. You can take the empty wine bottles as well.
This is especially important if you are buying multiple bottles, as it will help you carry them out of the store. You will be able to use those empty crates for bulk wine purchases.
Costco may not allow liquor returned unopened. This does not have to do Costco’s refund policy. However, your individual state regulations may apply.
If your state allows liquor return, your store can be contacted before you make your purchase.
Costco’s liquor store is still growing, despite its lower markups. Costco had over $4 billion worth of liquor sales in 2019 and the number continues to rise each year.
Costco keeps expanding their product range because they believe it is so profitable. The company is always bringing in better brands and refining their Kirkland wine and spirits to offer their customers the best for less.
See our Costco Statistics and Trends post for more info. This article gives you interesting insights into the brand.
.15 Things To Know Before Buying Costco Liquor In 2022!