15 Things To Know Before Buying Costco Liquor 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.
|
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) |
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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 offers great savings on bulk products. We are all familiar with this. However, did you also know that Costco is a big-box retailer and sells liquor as well?
You will find the 15 important facts you should know about Costco liquor before ordering it, as well as information on Kirkland.
When compared to other retailers, Costco has a lower retail markup of about 10 to 14 percent, where other liquor stores charge a 25 and 45 percent markup.
Because of this, your next bottle of wine will cost less at Costco, and you can get a much bigger bottle for the same price as smaller bottles from other stores.
The lower price markup means they make a smaller profit on each bottle, but they make up for it in bulk sales and repeat business from loyal customers.
Costco also offers great Kirkland liquor selections. There are even luxury brands. There are many luxury brands that you can purchase under the Kirkland Label.
Get drinks from:
Costco’s Kirkland products are often made at the same places using the same recipes as the higher-end brands.
You can see the back of the liquor container to find out who its distributors are. This will give you an idea about the brand’s counterpart.
Here are some names that may be behind Kirkland spirit brands. This is a rumor, however, it has yet to be confirmed.
A little known fact is this: Costco wine production comes from top-tier wineries that use the same grapes used in high-end wines.
Read the label, as with spirits. It will give you clues about how the wine was produced. You can save yourself quite a bit of money by going with the Kirkland brand instead of Champagne Janisson & Fils and Champagne de Bruyne, for example.
In fact, Kirkland wine is sourced from the same vineyards as some of your favorite brands, including the vineyards below.
You can buy Dom Perignon at Costco! If you’re looking for something more luxurious than Kirkland bottles, check out the liquor section.
Costco stocks limited-edition items for collectors. If you’re a good shopper, there may be a hidden gem in your next monthly or weekly liquor purchase.
Regulations in the following 12 states do not require you to have a membership to purchase liquor from Costco:
Simply walk in and tell the employee at the front door that you are there to buy liquor, and you will be able to purchase liquor without a membership.
A membership is optional if the state you live in does not permit you to join. Another option is to get Costco Membership.
his mostly applies to hard liquor, and you will likely be able to buy beer and wine regardless of your state.
You may also be restricted from purchasing liquor at specific times and on certain days.
These restrictions are dependent on the state, so you will need to check your local regulations to find out exactly what is available at your closest Costco location.
Gift baskets are available in even greater quantities around holidays. The seasonal baskets can be used to give gifts that are more affordable, such as advent calendars or holiday liquors.
Costco will sell you wine or liquor if you want to purchase it.
This is usually located at the top right corner. An asterisk signifies that the product has been removed from stock.
That means it is marked down and priced to move! You should stock up if this is your favourite. Clearance products are not restocked so grab them while you can.
Costco replenishes its stock often. 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 provides great savings all year, but did you also know that alcohol is less expensive to buy during the week at Costco?
You should keep these facts in mind next time you visit Costco. To save money, shop for liquor during the week.
Instacart allows you to get the same day delivery of your Costco wine and liquors.
The product is not sold in every Costco store. To find out if the item is available, you’ll need to go to your Instacart account or check your phone app.
To ensure that you’re legal to drink, your identification will be required at delivery. See my entire guide for ordering alcohol delivery from Costco.
Costco allows anyone to use the empty boxes that are left at the front door of their store. Likewise, the empty wine crates are yours for the taking as well.
If you’re buying several bottles this is crucial as it makes it easy to transport them from the shop. Remember to look out for empty wine crates. They are great tools when bulk wine is purchased.
You may not be able to return your liquor to Costco, even if the bottles are unopened. This is not Costco’s policy on returns. Instead, it has to do everything with the laws in your own state.
If your state allows liquor return, your store can be contacted before you make your purchase.
Despite those smaller price markups, Costco’s liquor business is growing by leaps and bounds. In 2019, Costco sold more liquor than $4 billion, and this number keeps rising each year.
Costco keeps expanding their product range because they believe it is so profitable. To offer customers better value, Costco continues to improve its Kirkland spirit and wine brands.
Our post on Costco statistics & trends provides more insight into this loved brand.
.15 Things To Know Before Buying Costco Liquor In 2022!