A few years ago, I would agree with you on profit margins at Costco. I do not see deals anymore. Sure they like to bundle (especially in threes), but the prod

A few years ago, I would agree with you on profit margins at Costco. I do not see deals anymore. Sure they like to bundle (especially in threes), but the product is usually the stuff that isn't selling elsewhere, and the price isn't much if the consumer divides by 3. I used to buy there all the time because of the no question asked return policy. That has changed. They question a lot more than electronics returns too. Oh yea, most high end watches you see in the case are Grey Market bought, and have no manufacturer's warranty. What's keeping Costco happy is the membership fees. That is pure profit.