blueberries spilling from basket – Esin Deniz/Getty Images Decoding the brands behind beloved Costco items has quickly become one of our favorite pastimes. So far we’ve learned the companies that make the chain’s alcohol, Kirkland bottled water, and Kirkland London dry gin — but there’s also plenty to uncover once you make it out of the […]
Kirkland house blend coffee in Costco – Edgar Lee Espe/Shutterstock It would be nice to know but as with a great many of the brands behind your favorite Costco Kirkland products, the provenance of the coffee is shrouded in mystery. Well, kind of. It can be said with certainty who used to roast the coffee […]
By Mariko Katsumura MEIWA, Japan (Reuters) – When Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noodle shop chain took a drastic step: it hiked hourly wages by a third. It was an almost unthinkable decision for Yamada-udon, […]
Rafael Henrique / SOPA Images / Shutterstock.com I’ve navigated the car-buying process four times in my life. Two of those were private sales and the last two were through dealerships. I didn’t have to negotiate on half of those car sales, thanks to buying from my grandmother for my first car — and most recently, […]
(NEXSTAR) – Gary Millerchip, the new CFO and executive vice president of Costco, shared a frank message with investors and analysts while hosting his very first Costco earnings call on Thursday afternoon. “To clear up some recent media speculation, I also want to confirm the $1.50 hot dog price is safe,” said Millerchip, shortly after […]
Greetings, readers. I’m Phil Wahba, senior writer on Fortune‘s leadership beat. Conventional wisdom in the business world holds that a company lifer can be a risky choice as a new CEO. Such a person is often too entrenched, the stereotype goes, to bring in fresh ideas. That can be especially true in retail, with its […]
For the most part, companies that consistently raise their dividends tend to do so at modest, if not incremental, rates. By contrast Costco (NASDAQ: COST) has enjoyed blasting its payout well higher, as its recent annual raises have tended to hover around the mid-teen percentages. Sure enough, in mid-April, the big retailer declared that its […]
Rand Refinery-brand 1-ounce gold bars at a Costco in Daytona Beach during a preview tour of the store on Tuesday, Feb. 20, 2024. Costco is making gold off its own gold. The retail chain is making $100 million to $200 million a month by selling gold bars, according to a Wells Fargo equity research note. […]
Image source: Getty Images If you’re a long-time Costco member, you may have noticed that the price of many of the store’s items has gone up in recent years. We can thank inflation for that. Although Costco has tried to keep its prices at a reasonable level to offer great value for members, the company […]
Costco’s famous $1.50 hot dog combo may start costing people $60 — the price of its basic membership. A Costco executive confirmed earlier this month in an interview with Axios that some of its food courts will no longer be accessible to just anyone, citing overcrowding with non-members. Richard Galanti, Costco’s chief financial officer, said […]
The price tag of Costco’s $1.50 hot dogs is safe for now — but a new change may mean non-members can no longer enjoy this bargain deal. Earlier this month a photo, dreaded by many, was shared on Reddit: A sign at a Costco’s in Orlando, Florida, warning of changes on April 8, USA TODAY […]
Shares of wholesaler Costco (COST) are ticking lower as gas prices (NG=F) jump to a four-month high. Yahoo Finance Executive Editor Brian Sozzi explores the relationship between Costco’s performance at the pump whenever gas prices move higher. For more expert insight and the latest market action, click here to watch this full episode of Yahoo […]