Urgent Holiday Warning as Costco buyers notice low supply of fresh trees – see why high demand is costing you more
COSTCO customers may have gotten used to price spikes and empty shelves, but lately shoppers have noticed a new phenomenon – limited Christmas trees.
Due to supply chain issues and low inventory, fresh trees may be limited at Costco.
In fact, Richard Galanti, CFO of Costco, said on a earnings call earlier this year that many of the trees Costco is offering this year are actually trees from last year.
Because of this, Mr. Galanti also said Christmas trees would be cheaper this year, ranging from $150 to $400.
However, this price may vary by state and by store.
“If you add the cost of storage and some interest costs, I think they’re still a little cheaper than the ones we added to the inventory this year,” Mr Galanti said in the tender.
Despite Mr Galanti’s comments, some have noticed price spikes due to limited supplies.
A Reddit user in North Texas named u/sonofhondo wrote, “I just called my local warehouse and they have confirmed they are not selling live trees this year.”
“This is the second year in a row that they haven’t had any live trees in our forest edge,” the user added.
The Sun reached out to Costco for comment.
More on the topic of Christmas tree shortages
It’s not just Costco customers who are faced with a tight supply of trees for sale.
Farmers across the country are facing shortages due to high demand and rising costs.
According to farmers, it takes about eight to ten years to properly grow a Christmas tree.
In addition, the cost of growing trees increases.
Preston Fleming, the owner of Fleming’s Farms in Pennsylvania, told Pittsburgh’s Action News 4“Our fuel costs have gone up, fertilizer, labor.”
Another farmer told The Sun it could be more complicated.
John is the owner of Sonshine Christmas Trees in La Habra, California, and he told The Sun that surprisingly the shortage can be linked to the 2008 market crash.
According to him, the crash left no money for loans to farmers, who have seen the impact in recent years.
While better days lie ahead, customers will have to wait.
“Oregon has a lot of five-foot trees, which is great for next year,” John told The Sun.
He also mentioned that customers can expect an 80 percent drop in market prices over the next year as trees are finally grown to the most common size — six feet.
Other Costco changes
In July, 15 Costco stations in New Jersey will offer members-only gas.
Previously, the New Jersey locations allowed non-members to purchase cheaper gasoline.
No public statement has been made, nor does it mention the policy change on its website.
However, according to a, customers have been notified by signs on petrol pumps over the past month News agency from New Jersey.
Additionally, two popular Costco food court items are offered at a higher price point.
The chicken bake is now $3.99, up $1 from June.
While the 20-ounce soda now runs at 69 cents, down from 59 cents.
The Sun revealed seven items Costco is dropping this winter.
Also, here are the nine great deals at Costco this week.
https://www.the-sun.com/money/6864601/urgent-christmas-warning-christmas-trees/ Urgent Holiday Warning as Costco buyers notice low supply of fresh trees – see why high demand is costing you more