A Costco storefront.

The Importance Of .97 On Costco Price Tags

NEWS

By TONY COOPER

A supermarket price tag.
Frequently, certain Costco items will have prices that end at the 97-cent mark. Interestingly, the mark serves a purpose, indicating that the item is on clearance.
Costco price tags for clothing with people shopping in the background.
Costco has devised a comprehensive system for pricing items based on their status. For clearance, Costco assigns .00 to clothing items and .97 to other products.
A Costco shopping cart filled with groceries.
This may be due to an overstocked item or because the item has been sitting in the store for too long. However, there’s a good chance you can grab it at a discounted price.
Shoppers in a supermarket produce section.
To find out how much you’re actually saving on a clearance item, copy the product number and track down an employee who can research the product’s price history for you.
Costco spice rack price tag.
You can also check the bottom-right of Costco’s price tags for the last price update date. If there’s ample stock and the price hasn’t changed in weeks, it may be reduced further.