Fitz-Gerald Group principal Keith Fitz-Gerald highlights shares of Costco, Palantir and Lockheed Martin ahead of the market open.
A Le Creuset wide-range cookware set with a four-price tag will go on sale at Costco.
Costco charges $4,999.99 for the “Le Creuset Marseille 170-piece Ultimate Cookware Set” made by the most popular French cookware brand.
That price gets those who buy the giant Le Creuset set an extensive array of kitchenware that “is everything you need to set up your kitchen to be your professional chef,” according to the set’s listing.
The Costco logo displayed on a laptop screen and a small shopping cart are seen in this photo taken in Krakow, Poland on February 22, 2024. (Jakub Porzycki/NurPhoto via Getty Images/Getty Images)
The 170-piece Le Creuset set “includes Cast Iron, Stoneware, Stainless Steel, Silicon, Wine Tools, Accessories and much more,” according to the retailer.
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Most of the pieces in the set, including the Signature 10.25-inch Round Skillet, 5.25-quart Rectangular Roaster, 5-quart Round Braiser and 7.25-quart Round Oven come in Le Creuset “Marseille” blue color. That, according to the Le Creuset website, is one of the brand’s “most popular” colors.
WAN CHAI, HONG KONG, CHINA – 2018/09/29: The le creuset logo is displayed in Wan Chai, Hong Kong. Le Creuset is a leading French cookware manufacturer. (Photo by Alvin Chan/SOPA Images/LightRocket via Getty Images) (Photo by Alvin Chan/SOPA/LightRocket via Getty Images / Getty Images)
The 170-piece set is the most extensive — and expensive — of the cookware sets listed on Costco’s website. At its current cost, it equates to $29 for each Le Creuset item in the set.
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It marks the latest large Le Creuset set sold by Costco. Last fall, it offered a 157-piece set for $4,499.99, FOX Business reported at the time.
Shoppers won’t be able to find the 170-piece green Le Creuset in any of the retailer’s 891 warehouses. It’s only available online, according to Costco’s listing for the set.
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The merchant applies a 5% non-member fee to Costco online purchases made by shoppers who do not have a Costco membership.
MOUNT PROSPECT, IL – MAY 31: A worker pushes carts outside a Costco Wholesale store May 31, 2006 in Mount Prospect, Illinois. Third-quarter earnings reported today are up at Costco, the nation’s largest company, despite current oil prices. (Photos by Tim Boyle/Getty Images)
Costco said in its latest annual report that its e-commerce operation “offers members convenience and a wider selection of goods and services” than the fewer than 4,000 SKUs it typically offers at its locations. Online, there are often 9,000-10,000 SKUs.
IE-commerce accounted for about 7% of Costco’s total annual sales by 2024, it said.
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