June 10.2015
from Egg-Cite website |
Jun 7, 2015 | |||
The organic sales value should be viewed against the total sales volume of $114 billion annually generated by Costco. The Organic Trade Association estimates total organic-food sales at $36 billion which means that Costco has more than a 10 percent share the market. Gonzalez considers that the entry of big box stores into organic will increase pressure on production, leading to increases in price. Galanti noted that Costco was “pretty good at getting out there and working with suppliers both here and around the world to commit more too organic whether it’s raising eggs, ground beef or produce.” |
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