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Tuesday, November 17, 2009

No Coke at Costco

Costco Wholesale Corp., the largest U.S. warehouse club where everything is more than you need, stopped restocking some Coca-Cola Co. products in its stores after a dispute over pricing.

“At this time, Coca-Cola has not provided Costco with competitive pricing so that we may pass along the value our members deserve,” Costco said in a statement on its Web site.Hmm sound like Walmart might have gotten a better Christmas bonus

Teri Finney, a company spokeswoman, declined to provide additional details. Scott Williamson, a spokesman for Coca- Cola, said it doesn’t comment on negotiations. Speaking for Coca-Cola Enterprises Inc., John Downs declined to comment. The company, Coca-Cola’s largest distributor, sells drinks to Costco with support from Coca-Cola.

The brands subject to the dispute include Coke Classic, Cherry Coke, Black Cherry Vanilla Coke, Diet Coke, Coke Zero, Sprite and Squirt, Dasani Water and Vitamin Water along with several energy drinks.

Costco members pay an annual fee to shop for groceries as well as luxury items. The Issaquah, Washington-based company limits the mark-up on products it sells.





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