Costco
The Latest
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Costco Announces CEO Transition: Jelinek Out, Vachris In
Costco Wholesale Corp., one of the world's leading membership-only warehouse clubs, announced that its long-serving CEO, Craig Jelinek, will be stepping down from his position effective January 1, 2024. Taking the helm will be the company's current Chief Operating Officer, Ron Vachris. Costco Wholesale Corp., one of the world's leading membership-only warehouse clubs, announced that its long-serving CEO, Craig Jelinek, will be stepping down from his position effective January 1, 2024. Taking the helm will be the company's current Chief Operating Officer, Ron Vachris. -
A Shortage That Would Make Homer Simpson Frown: Costco Is Running Out Of Cheese And Bacon
Bacon and cheese imports are being bottlenecked because of a shipping container shortage. Bacon and cheese imports are being bottlenecked because of a shipping container shortage. -
U.S. Economic-Health Bellwether Costco Rings Up Income But Says Ho-Hum
Costco revenues accelerate 76% despite pandemic. Costco revenues accelerate 76% despite pandemic. -
Up, Up And Away With Costco
Costco is offering $17,500 private jet subscriptions for its members. Costco is offering $17,500 private jet subscriptions for its members. -
Costco Says Sales Fell For The First Time Because Of Social Distance, Stay At Home Orders
Costco's global sales at outlets that operate for at least one year plunged 0.5 percent last month Costco's global sales at outlets that operate for at least one year plunged 0.5 percent last month -
Sam's Club To Open Shopping And Lifestyle Flagship Store In Shanghai
Apart from its retail outlet, the 7,000-square meter flagship store will feature several other dining, entertainment, lifestyle, and educational outlets for members. Apart from its retail outlet, the 7,000-square meter flagship store will feature several other dining, entertainment, lifestyle, and educational outlets for members. -
Costco Acquires Innovel Solutions For $1 Billion To Boost Deliveries
Costco's acquisition of Innovel Solutions comes as other giant US retailers boost their production Costco's acquisition of Innovel Solutions comes as other giant US retailers boost their production -
Coronavirus Fears Trigger Bulk Buying, Deplete Costco Stocks
Costco's net income up $930 million in the second quarter, from $889 million, from the previous period. Costco's net income up $930 million in the second quarter, from $889 million, from the previous period. -
People Rush To Costco Stores To Horde On Food, Supplies Amid Virus Scare
A Costco shop in Oregon state ran out of toilet paper for the first time in the store's history A Costco shop in Oregon state ran out of toilet paper for the first time in the store's history -
Costco Acquires New Property For Second Store In China
Costco, through its wholly-owned subsidiary Pudong Warehouse Development Limited, was able to win a $128 million bid for a parcel of land located in the Kangqiao industrial area of Shanghai's Pudong district. Costco, through its wholly-owned subsidiary Pudong Warehouse Development Limited, was able to win a $128 million bid for a parcel of land located in the Kangqiao industrial area of Shanghai's Pudong district.