Costco, slow but sure? Message Board

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Non-Tech : Costco, slow but sure?

COST 925.49

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3:59 PM EST

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To: Curbstone who wrote (896)	6/18/1999 9:19:00 AM
From: Zhivago	Read Replies (1) of 1147

P&G Far East to sell products direct to retailers TOKYO (CBS.MW) -- Procter & Gamble Far East Inc. will bypass wholesalers and sell directly to retailers from October. The Japanese unit of the major U.S. daily goods maker (PG: news, msgs) currently delivers products to retailers through about 60 wholesalers. The move is aimed at reducing retail prices and expanding sales by skipping wholesalers. P&G's decision was prompted by the push by Costco Companies Inc.(COST: news, msgs), a leading U.S. warehouse club which began operating in Japan earlier this year, to deal directly with manufacturers. The attempt could mark a breakthrough in the complicated Japanese distribution system, analysts said. Nihon Keizai Shimbun

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