Costco news and trends

Costco Mulls Raising Membership Fee, Add Warehouses Amid Rising Sales

May 30, 2024
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
Retail // April 23, 2024

With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers to spring for full-priced memberships. In the last few weeks alone, Costco brought back its $20 membership deal, BJ’s Wholesale...

Costco and Sesame Expand Partnership to Include Weight Loss Program
Partnerships // April 02, 2024

Costco and healthcare marketplace Sesame have expanded their partnership to include a weight loss program. This collaboration now offers Costco members exclusive pricing on individualized clinical consultations around weight loss, Sesame said in a Tuesday (April 2) press release. “We are witnessing important innovations in medically supervised weight loss,” David Goldhill,...

39% of Retail Shoppers Stick to Digital
Retail // March 18, 2024

With many consumers accustomed to the convenience of eCommerce, a significant portion of retail shoppers are engaging exclusively via digital channels, PYMNTS Intelligence finds. By the Numbers The report “Consumer Interest in an Everyday App,” a PYMNTS Intelligence and PayPal collaboration, draws from a survey of more...

Half of Consumers Consider Ease of Checkout When Shopping Online
Retail // March 13, 2024

As retailers, brands and marketplaces alike increasingly invest in easy, intuitive user experiences on their eCommerce channels, consumers are coming back to digital more and more. According to data from the CNBC/NRF Retail Monitor, reported Tuesday (March 12), sales at online retailers and other non-store...

Interviews & Exclusives
Half of Consumers Consider Ease of Checkout When Shopping Online

March 13, 2024
As retailers, brands and marketplaces alike increasingly invest in easy, intuitive user experiences on their eCommerce channels, consumers are coming back to digital more and more. According to data from the CNBC/NRF Retail Monitor, reported Tuesday (March 12), sales at online retailers and other non-store merchants were up a whopping 18% year over year in […]

Amazon Uses Next-Day Delivery to Win the Hearts of Valentine’s Day Shoppers

February 07, 2024
As eCommerce merchants compete to secure couples’ Valentine’s Day spending, Amazon introduced a new option targeting last-minute gifting occasions. The retail giant shared via email that it is adding a...

Hallmark Lets Consumers Venmo Gift Cards as DoorDash and Costco Up Digital Too

September 13, 2023
In today’s fast-paced world, gift-giving has become a convenient and versatile practice. Among the many options available, gift cards have emerged as the go-to choice for many. These small, plastic...

Blue Apron Turns 7 As Meal Kit Industry Grows Up

July 31, 2019
Call Blue Apron what you will: a struggling retailer, a comeback kid, a prime example of hype in the online world, a respectable survivor. But no matter the label, this...

Quick Reads
Costco Mulls Raising Membership Fee, Add Warehouses Amid Rising Sales

May 30, 2024
Costco is weighing a raise in its membership fee, and plans to add new warehouses and expand partnerships amid rising sales, the retailer said Thursday (May 30) in its quarterly earnings report. During the quarter ended May 12, Costco’s net sales increased 9.1% year over year, while comparable sales rose 6.6%, according to a Thursday earnings […]

Costco and Sesame Expand Partnership to Include Weight Loss Program

April 02, 2024
Costco and healthcare marketplace Sesame have expanded their partnership to include a weight loss program. This collaboration now offers Costco members exclusive pricing on individualized clinical consultations around weight loss, Sesame said in a...

Costco COO Ron Vachris Named CEO as Craig Jelinek to Step Down

October 18, 2023
Costco Wholesale has announced that CEO Craig Jelinek will be stepping down on Jan. 1, 2024, after more than a decade at the helm of the company, the company reported...

Costco Teams With Sesame to Offer Shoppers Health Visits

September 25, 2023
Costco is offering members medical care via a partnership with online health marketplace Sesame. The deal comes as several retailers expand their healthcare offerings. According to the Sesame website, Costco...