Costco/page/2 news and trends

Costco CEO: Digital Sales Outpacing Overall Growth on ‘Tech Journey’

December 12, 2024
Costco’s New Membership Card Readers Streamline Store Access, Inventory Management
Retail // September 26, 2024

As part of its strategy to enhance customer experience and operational efficiency, Costco is rolling out membership card scanners at the front of its stores. This initiative, already piloted in several locations, requires all members to scan their physical or digital membership cards — or...

Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
Retail // July 27, 2024

As many consumers look for ways to ease their doomsday anxieties, Costco is positioning itself as the go-to retailer for consumers who are worried about worst-case scenarios. The warehouse club retailer is selling a discounted Emergency Preparedness Food Bucket promising 150 just-add-water food and beverage...

Costco to Raise Membership Fees for First Time in 7 Years
Retail // July 10, 2024

Costco will raise its annual membership fees in the United States and Canada for the first time in seven years. Effective Sept. 1, in those countries, the retailer is adding $5 to the cost of its Gold Star (individual), Business and Business add-on memberships and...

Costco Mulls Raising Membership Fee, Add Warehouses Amid Rising Sales
Retail // 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...

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 to Raise Membership Fees for First Time in 7 Years

July 10, 2024
Costco will raise its annual membership fees in the United States and Canada for the first time in seven years. Effective Sept. 1, in those countries, the retailer is adding $5 to the cost of its Gold Star (individual), Business and Business add-on memberships and adding $10 to the price of its Executive Memberships, Costco […]

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...

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...