COST U LESS INC
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>5
<FILENAME>ex10-11.txt
<TEXT>

                                                                   Exhibit 10.11


February 20, 2001


Joseph F. Bombara
11419 NE 86th St.
Kirkland, WA  98033

Dear Joe:

I am delighted that you will soon be joining the Senior Management Team of
Cost-U-Less, Inc. (CUL). This letter will confirm discussions regarding our
offer of employment to you as Vice President of Merchandising and Marketing
reporting to the President. As agreed, your annualized salary will be
$170,000.00 paid in 27 bi-weekly increments. You will be eligible to participate
in the CUL bonus plan. Your targeted incentive opportunity will be up to ten
percent of your base annual salary. Any awards paid under the plan for 2001 will
be prorated based on your start date.

You will receive a grant of shares of non-qualified stock options in CUL which
will vest in three installments of 25,000 grants per installment. The first
installment will be granted following our Annual Shareholder's Meeting scheduled
for May 8, 2001; the second installment on your first anniversary of employment
and your third installment of 25,000 options on your second anniversary of your
employment.

You will be eligible for four weeks vacation your first year of employment.

As a CUL employee, you will be eligible to participate in a full array of
benefits including medical, dental, life insurance as well as an employee funded
plan that includes both short and long term disability. You will also be
eligible to participate in the 401(k) plan on the enrollment date that coincides
with, or immediately follows, your employment date. The Company's 401(k) plan
will accept rollovers from other qualified plans. Diane Growden at 425-222-5022
ext. 122, will provide guidance regarding rollovers into the plan.

Because this position will require that you occasionally travel to our stores,
we will pay all reasonable expenses associated with travel as required as well
as lodging expense, meals and transportation as per our travel policy.

Your start date with CUL will be Monday, February 26, 2001.
<PAGE>

Joseph F. Bombara
February 20, 2001


You shall devote all of your time, attention, knowledge, and skill solely and
exclusively to the business and interests of CUL and CUL shall be entitled to
all benefits, emoluments, profits, or other issues arising from or incident to
any and all work, services, and advice from you. You expressly agree that during
your term of employment that you will not be interested, directly or indirectly,
in any form, fashion, or manner, as partner, officer, director, stockholder,
advisor, employee or in any other form or capacity, in any other business
similar to CUL's business or any allied trade, except that nothing herein
contained shall be deemed to prevent or limit your right to invest any of your
surplus funds in the capital stock or other securities of any corporation whose
stock or securities are publicly owned or are regularly traded on any public
exchange, nor shall anything herein contained be deemed to prevent you from
investing or limiting your right to invest your surplus funds in real estate.


You will not at any time, in any fashion, form or manner, either directly or
indirectly divulge, disclose, or communicate to any person, firm, or corporation
in any manner whatsoever any information of any kind, nature, or description
concerning any matters affecting or relating to the business of CUL, including,
without limitation, the names of any of its customers, the prices it obtains or
has obtained, or where it sells or has sold its products, or any other
information concerning the business of CUL, its manner of operation, or its
plans, processes, or other data of any kind, nature, or description without
regard to whether any or all of the foregoing matters would be deemed
confidential, material or important. It is hereby stipulated that between them
the foregoing matters are important, material, and confidential, and gravely
affect the effective and successful conduct of CUL's business, and its good will
and that any breach of the terms of this section is a material breach of this
agreement.

If this offer accurately reflects prior discussions, kindly sign the original
copy and return it to me at your earliest convenience.

Sincerely yours,

/s/ J. Jeffrey Meder
                                         /s/ Joseph F. Bombara
J. Jeffrey Meder                         _______________________________________
President and Chief Executive Officer    I understand the information and
                                         job offer outlined above and
                                         accept this offer of employment.


</TEXT>
</DOCUMENT>
