Comments on: Costco http://vinofictions.com/2008/08/27/costco/ the blog that proves "in vino veritas" Tue, 06 Jan 2009 05:53:54 +0000 http://wordpress.org/?v=2.2.1 By: Thomas http://vinofictions.com/2008/08/27/costco/#comment-1602 Thomas Fri, 29 Aug 2008 12:03:31 +0000 http://vinofictions.com/2008/08/27/costco/#comment-1602 Keith, I missed the stampede because I read fewer threads than are established, and Bordeaux futures is a thread I never read. There isn't anything left in that activity for me to make fun of ;) So, Costco has a wine philosophy? Keith,

I missed the stampede because I read fewer threads than are established, and Bordeaux futures is a thread I never read. There isn’t anything left in that activity for me to make fun of ;)

So, Costco has a wine philosophy?

]]> By: Keith L. http://vinofictions.com/2008/08/27/costco/#comment-1594 Keith L. Fri, 29 Aug 2008 03:16:25 +0000 http://vinofictions.com/2008/08/27/costco/#comment-1594 Thomas - Surprised you've missed the discussions of Costco stampedes that come around every big Bordeaux vintage. In this respect, Costco isn't like Sam's. Costco is one of the biggest, if not the biggest, buyers of Bordeaux in the US and sells the wines at a standard markup over its (futures) cost. Hence the stampedes from big-spending collectors. We New Yorkers, unfortunately, don't get to share in the windfall. For whatever reason, the Costcos here can't sell wine. Thomas - Surprised you’ve missed the discussions of Costco stampedes that come around every big Bordeaux vintage. In this respect, Costco isn’t like Sam’s. Costco is one of the biggest, if not the biggest, buyers of Bordeaux in the US and sells the wines at a standard markup over its (futures) cost. Hence the stampedes from big-spending collectors. We New Yorkers, unfortunately, don’t get to share in the windfall. For whatever reason, the Costcos here can’t sell wine.

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