Costco News

Costco To Offer Weight Loss Drugs to Select Members

Costco is set to offer weight loss drugs and corresponding healthcare to select members of the wholesale warehouse club.

Costco Wholesale location

Costco’s Hot Dog Remains at $1.50 Despite Prices Spiking Elsewhere

Over the last few years, inflation has caused prices to creep up and impact pretty much everything. However, Costco is still keeping the price of its hot dog-soda deal where it is.

Costco Wholesale

Should Costco Open More Showrooms and Expand Into the Last 3 States?

Costco is opening a dedicated furniture showroom in Alaska. Do you think the retailer should open more showrooms, or would this strategy only succeed in more remote locations?

Gold bars

Costco Ventures Into Selling Gold Bars and Silver Coins

After locking in loyal $1.50 hot dog-soda customers, Costco is on the hunt for a new market in precious metal collectors and investors.

A Total Wine store

What’s the Recipe for Total Wine’s Success?

Total Wine & More recently became the largest alcohol retailer in the U.S., surpassing Costco. What factors are most responsible for its rise to the top?

Costco Wholesale location

Is Costco’s Long-Time CFO’s Retirement a Big Loss?

Richard Galanti, Costco’s CFO since 1985 and the warehouse club’s primary spokesperson, announced plans to retire. Is this a minor or major blow for Costco?

Costco Wholesale location

Costco Apologizes in Response to Union Victory

Costco’s management issued an apology to its employees rather than defend its work practices in response to one of its U.S. stores unionizing for the first time in two decades. Do you applaud or find fault in Costco’s admission of shortcomings?

Costco store

Costco Gives Winning Response to Workers’ Union

Costco workers in Norfolk, Virginia, voted to improve working conditions at the wholesale retail chain in December by unionizing, and the response from Costo was surprising yet went down very well with workers.

Costco Wholesale Starts a Gold Bar Shopping Trend

Costco Wholesale has struck gold bars and wants to share it with its members. How might the trend of selling gold shift the retail industry’s approach to product diversification, particularly into nontraditional sectors?

Line of small stores

Do Small-Format Stores Have an Advantage in Retail?

The average store size in the U.S. is the smallest it’s been in at least 17 years. What factors are driving this shift?

Person holding a tray of small samples of food

Are Free Samples Retail’s Best Underused Tactic?

Free samples are making a return to the aisles of Costco and expanding into more supermarkets. Do you think free samples have a significant impact on customers’ shopping experiences?

What Is Craig Jelinek’s Legacy at Costco?

Craig Jelinek, the second CEO in Costco’s 40-year history, plans to retire in early 2024. What lessons should be taken from Craig Jelinek’s success at Costco?

Costco CEO Craig Jelinek to Step Down, COO Ron Vachris to Take the Helm

Costco’s long-serving CEO, Craig Jelinek, is set to step down as of Jan. 1, marking a transition after the company’s robust…

Image of the outside of Costco

Should Costco Raise Membership Fees?

Richard Galanti, Costco’s CFO, said the question of a membership fee hike was “a question of when, not if.” Is now the right time to be raising fees?

Costco Stops Giving Instacart Shoppers Gift Cards as Refunds, Amid Claims They Were Being Misused

Costco has ceased issuing gift card refunds to Instacart shoppers returning undeliverable items, according to statements from Instacart. Previously, these shoppers…

Costco Says Its 1-Ounce Gold Bars Are Real and Have Been Selling Out in Hours

Costco has introduced the sale of 1-ounce gold bars, according to the company’s CFO, Richard Galanti. These gold bars, sourced from…

Costco Shoppers Are Continuing To Cut Back on Big-Ticket Items, Even as Inflation Falls, as Americans Put Off Buying Jewelry, Laptops, and Furniture

Costco shoppers are showing restraint in purchasing high-value items despite a drop in inflation, with the average transaction value down by…

Costco Teams up With Google-Backed Health Startup To Offer $29 Virtual Doctor’s Visits to Members

Warehouse giant Costco is teaming up with Sesame, a healthcare marketplace startup backed by Google, to offer its members virtual doctor’s…

Costco Earnings: Can the Retailer Keep Rolling as Analysts Speculate on Membership-Fee Hike?

When Costco reports its fiscal fourth-quarter results, analysts are closely watching how shoppers respond to high prices for essentials amid inflation….

Costco shopping cart full of Kirkland products

Costco Loyalty Is the New Hot Fashion Brand

Kirkland Signature clothing has a cult following while Costco brand loyalty and membership remains at an all-time high. Have Costco shoppers become more loyal to the big box warehouse because of Kirkland Signature products?

It’s Easier Than Ever To Get a Tiny Home. Home Depot, Amazon, and Costco Are Selling Kits, and Some Will Cost You Under $50,000.

Major retailers like Amazon, Home Depot, and Costco are capitalizing on the tiny home trend by selling DIY kits that enable…

How Costco Became the King of Bulk Buying After Starting Out Selling Goods Only to Businesses Out of an Old Airplane Hangar

Founded in 1983 by Jim Sinegal and Jeff Brotman, Costco, a members-only wholesale club, has risen to become the third-largest retailer…

Here’s What the Costco ‘Star of Death’ Means for Your Favorite Warehouse Items

Costco price tags bear a small asterisk symbol that fans have dubbed the “star of death,” but a manager from Texas…

Plans for the World’s Largest Costco Warehouse Are Under Review, but Customers Would Only Be Able to Shop in Part of It

Costco plans to build the world’s largest warehouse in Fresno, California, spanning 241,342 square feet, surpassing the current record held by…

iPhone with Walmart logo on it

Walmart Invests in Tech To Stay Ahead of the Competition

Retail giant Walmart is constantly investing in new technology to stay ahead of the competition.

All the major retailers have started using Meta’s new Threads platform — except Costco

Nine of the top 10 retailers in the United States have joined Meta’s new social media app, Threads, with the notable…

Should Costco Be Going To War Against Card Sharers?

Costco, following the path of Netflix, confirmed it’s cracking down on people sharing membership cards to sneak into stores after noticing a spike in non-members making purchases at self-checkout.

Is Costco Over-Complicating Self-Checkout?

Costco’s move to increasingly add staff to self-checkout stations is drawing some poor reviews on social media.

Storefronts for Sam's Club and Costco

Are Warehouse Clubs Retail’s Big Post-Pandemic Winners?

Shoppers flocked to Costco and Sam’s Club during the pandemic for bulk buying and continue to do so amid high inflation in search of value.

Dollar General plans to expand its selection of $1 items

Dollar General says it is not abandoning the pricing on its selection of $1 products, even as inflation continues to drive retail prices up nationwide. How important is the $1 price point to Dollar General shoppers?

Will Sam’s Club customers be okay with paying a higher membership fee?

Will Sam’s Club customers be okay with paying a higher membership fee?

Sam’s Club is increasing the price of its annual membership options for the first time in nine years. The increase comes at a time when the chain’s sales have been on the upswing as members turn to the warehouse stores to save money at a time of high inflation. Do you think Sam’s Club members are open to paying more for their memberships at this point in time?

TikTok turns Costco into a fashion magnet

TikTok turns Costco into a fashion magnet

Users of TikTok and other social platforms are sharing their finds at Costco, helping to make the warehouse club a destination for bargain fashion. Why are Costco fashion finds going viral on social media?

Should Costco raise its food court prices?

Should Costco raise its food court prices?

Costco last week earned widespread media coverage for raising prices on two popular items on its food court menu, the chicken bake and 20 oz. soda. Is holding prices on most food court items more important for Costco than on grocery prices?

New members re-up at Costco in record numbers

New members re-up at Costco in record numbers

First-time Costco members renewed their memberships in record numbers for the third quarter ending May 8. What is behind Costco’s record membership renewal rates?

Why has Kirkland Signature been so successful?

Why has Kirkland Signature been so successful?

The Kirkland Signature brand exceeded $59 billion in sales in Costco’s 2021 fiscal year, up 13.4 percent year-over-year and accounting for 31 percent of the wholesale club’s total revenue. How did it get so big? What are some obvious and less obvious factors in the success of Kirkland Signature?

Costco reports very Costco-like quarterly results

Costco reports very Costco-like quarterly results

Costco continued to add new members to its clubs in its first fiscal quarter of 2022, while holding on to the vast majority of existing customers. All that adds up to another quarter in which the warehouse club’s sales and profits were up significantly.  Where do you see the greatest opportunities for Costco to further grow its business in the U.S.?

How should retailers communicate supply chain snafus?

How should retailers communicate supply chain snafus?

Consumers are well aware of ongoing supply chain disruptions and expect delays but want answers, according to a study from Oracle. Should retailers be doing more to explain out-of-stocks to shoppers  and prepare them for delays and price hikes tied to supply chain challenges?

How bad will product shortages get this time?

How bad will product shortages get this time?

Costco plans to bring back purchase limits on toilet paper and other basic merchandise, largely due to supply chain challenges and inflationary pressures. How will the inventory challenges likely facing food and general merchandise sellers in the months ahead be different than those in the initial phase of the pandemic?

How can retailers best navigate supply chain turbulence?

How can retailers best navigate supply chain turbulence?

National Retail Federation’s monthly “Global Port Tracker” report showed record imports arriving at the nation’s ports as vaccines allow consumers to return to normal shopping patterns, but shortages are still preventing retailers from capitalizing on demand. How long do you see supply chain challenges lasting, and what impact do you expect them to have on the holiday selling season?

Will other retailers follow Costco and bring back food sampling?

Will other retailers follow Costco and bring back food sampling?

Costco announced that it is beginning a phased return to full sampling in early June after a 14-month hiatus, albeit initially with some safety protocols. What measures may be necessary to bring food sampling back safely and ease shopper concerns?

Do rivals need to follow Costco’s minimum wage lead right now?

Do rivals need to follow Costco’s minimum wage lead right now?

Costco has consistently been ranked among the best retail companies to work for and this week it will demonstrate that once again when it offers something that its rivals in the warehouse club segment do not — a $16 minimum wage.  How likely are Costco’s direct rivals and other retailing competitors to raise their starting wages to match the warehouse club giant?

Costco makes everybody mask up

Costco makes everybody mask up

Costco, among the first retailers to require face masks upon entry in early May, has taken its restrictions a step further by mandating that customers with medical mask exemptions wear face shields. Do you agree with Costco’s move to require customers with medical mask exemptions to wear face shields?

Trader Joe’s and Wegmans satisfy, others falter, through the pandemic

Trader Joe’s and Wegmans satisfy, others falter, through the pandemic

A new survey shows a few stores in particular, already known for their customer experience, that have managed to maintain high customer satisfaction levels even in the midst of the novel coronavirus pandemic. Why do you think Trader Joe’s, Wegmans, Costco and Publix have been able to stand out for customer service even during the pandemic?

Will curbside pickup be Costco’s Achilles heel?

Will curbside pickup be Costco’s Achilles heel?

Costco’s membership business model certainly isn’t broken and so there doesn’t appear to be a need to fix it. Yet some believe that the warehouse club is in danger of losing sales to retail rivals. Do you think Costco is ceding sales to competitors because it doesn’t have a pickup option at its clubs?

What can you learn about ecommerce sales driving on the NJ Turnpike?

What can you learn about ecommerce sales driving on the NJ Turnpike?

Ron Margulis did a small study on ecommerce success on a drive down the New Jersey Turnpike, counting the brand names on the trucks along the way. Which retailers do you think have made the most significant gains based on their ecommerce performance going back to March?

Amazon’s traffic is way up, but others are doing even better during the pandemic

Amazon’s traffic is way up, but others are doing even better during the pandemic

As consumers have navigated their way through stay-at-home and social distancing restrictions during the pandemic, a new study says Amazon’s web traffic has soared, but other retailers are up even more. Why do you think Amazon’s major competitors have gained more traffic than it did during the stay at home period?

Is it safe to bring back food sampling?

Is it safe to bring back food sampling?

Costco revealed plans last week to bring back sample stations after suspending the service in early March to counter the spread of the coronavirus. Do you see more benefits than risks in bringing back food sampling in stores?

Should face masks be mandatory for shoppers?

Should face masks be mandatory for shoppers?

Costco last week became the first major retailer to require that all customers wear face coverings. Should stores require, recommend or forgo policies regarding wearing masks inside stores amid the pandemic?

How transparent should grocers be about employees infected with COVID-19?

How transparent should grocers be about employees infected with COVID-19?

Trader Joe’s, H-E-B and ShopRite are standing out for providing transparency about the number of their employees testing positive for coronavirus. The majority of retail is largely keeping such incidents under wraps. How transparent should grocers be about store employees testing positive for COVID-19?

How can stores get social distancing right?

How can stores get social distancing right?

Walmart, Target, Home Depot and Lowe’s this past weekend joined many other retailers in limiting the number of customers allowed in stores at one time to help stop the spread of the coronavirus. What other steps can essential stores such as food retailers take to emphasize social distancing in aisles?