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Costco Caps the Number of China Shoppers One Day After ‘Crazy’ Debut
- Retailer caps buyers to 2,000 after Tuesday’s massive turnout
- American firm’s China entry comes amid worsening trade war
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Costco Wholesale Corp.’s first outlet in China has capped the number of customers at 2,000, a day after it opened and was overrun with customers willing to fight over discounted products and wait hours to pay for their purchases.
The American retail giant said on its official WeChat account Wednesday that it will limit the number of shoppers at its Shanghai store to better serve its customers. It had to suspend operations on Tuesday citing “heavy traffic and customer flows,” according to a text message to consumers shared on Weibo, China’s micro-blogging website.