Costco

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Costco Raising Fees for First Time in 7 Years

Basic membership going from $60 to $65 annually

(Newser) - Costco bargain hunters are going to have to pay an additional $5 to $10 annually as the popular warehouse chain prepares to raise its membership fees for the first time in seven years. The company disclosed the forthcoming 8% increase in the fee as part of a monthly sales report...

Costco Is Selling a Surprising Amount of Gold

Analyst estimates up to $200M per month in sales of gold bars

(Newser) - Costco is turning into a serious gold merchant. A Wells Fargo analyst estimates the chain is pulling in $100 million to $200 million per month in sales of one-ounce gold bars, reports USA Today . Costco began selling the bars last year , and they quickly became hot-ticket items. Given that Costco...

Costco Jumps on the Weight-Loss Bandwagon

Warehouse retailer now offers 3-month program that could include meds like Ozempic

(Newser) - Those long lines for $1.50 hot dog meals may be shrinking , but Costco could soon see a queue starting for its newest service: weight-loss management. CBS News reports that the warehouse retailer has teamed up with health care marketplace Sesame to offer Costco members access to a program that...

That Costco Hot Dog Might Cost You a Membership Fee

It appears the warehouse retailer may be cracking down on nonmembers using its food court

(Newser) - If popping over to your local Costco for a $1.50 hot dog and soda combo or $1.99 pizza slice is part of your affordable-lunch routine, you may need a membership soon for that. "There are some signs—literally—the laxity is coming to an end," USA ...

US Food Chain Rides Heavily on Backs of Prison Labor
US Food Chain Rides Heavily
on Backs of Prison Labor
INVESTIGATION

US Food Chain Rides Heavily on Backs of Prison Labor

Major companies are making bank off forced labor: AP

(Newser) - In a sweeping two-year investigation, the AP found that goods linked to the forced labor of US prisoners wind up in the supply chains of a dizzying array of products, from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal flour and Coca-Cola beverages. They're on the...

People Wait Years for This Wine Sold at Costco

There's a (very) limited supply now of Screaming Eagle's cab sav, but be prepared to pay thousands

(Newser) - A hint of something special at Costco arrived earlier this month on Reddit , when one user posted a picture of a row of wine bottles, one with an eye-popping price tag of $3,699.99. "Had to make sure I was seeing correctly," the person wrote in the...

Pick Up Some Gold Bars ... at Costco
Costco's Newest
Product Keeps
Selling Out in
Just 'Hours'
in case you missed it

Costco's Newest Product Keeps Selling Out in Just 'Hours'

Warehouse retail chain is limiting its 1-ounce gold bars to 2 per customer

(Newser) - Gold bars don't just (allegedly) exist in the homes of US senators —now regular folks can pick some up at Costco. Per CBS News , the warehouse retailer is selling a 1-ounce PAMP Suisse Lady Fortuna Veriscan bar and a 1-ounce bar from South Africa's Rand Refinery , both...

Costco Announces Crackdown on Card Sharing

Shoppers at self-checkout will now be asked to prove they're members

(Newser) - If you've been borrowing your pal's Costco membership card every time you need to save a few bucks on a vacuum, massive box of Cheez-Its, or a stand-up paddleboard, watch out: The warehouse club says it's time for a crackdown. Since expanding its use of self-checkout lanes,...

Costco: Cost of Membership Is Definitely Going Up

'It's a question of when, not if,' CFO says

(Newser) - Americans are struggling with some of the worst inflation in decades and Costco members are not immune. Richard Galanti, the company's chief financial officer, confirmed last week that the cost of membership is going to go up, though he didn't say when, USA Today reports. Galanti told investors...

Food Samples to Return to Costco, Under New Rules

Chain also is changing its food courts and their menus

(Newser) - After 14 months of having to pay for what they eat, Costco shoppers soon will be able to grab free samples again. The sampling will be phased in and operate under new rules, like much of life emerging from coronavirus restrictions. The food will be prepared in smaller batches than...

Ravens Are Robbing Costco Shoppers
Ravens Are Robbing
Costco Shoppers

Ravens Are Robbing Costco Shoppers

' They know what they’re doing'

(Newser) - Some Alaska Costco shoppers said they've had their groceries stolen by ravens in the store parking lot, the AP reports. Matt Lewallen said he was packing his groceries into his car in the parking lot of an Anchorage Costco when ravens swooped in to steal a short rib from...

There's a New Retail 'Crisis' Affecting Costco
There's a New Retail
'Crisis' Affecting Costco
in case you missed it

There's a New Retail 'Crisis' Affecting Costco

Imports delayed over apparent lack of shipping containers

(Newser) - There's a reason your local Costco may look barer than usual. Delays at ports are affecting supplies of imported goods, and imported cheeses in particular, USA Today reports. During an earnings call last week, CFO Richard Galanti explained Costco was seeing limited supplies of cheese, seafood, olive oil, furniture,...

Costco Goes Biden $1 Better
Costco Goes
Biden $1 Better

Costco Goes Biden $1 Better

Chain says raising pay is good business

(Newser) - Unaffected by whether an increase in the federal minimum wage ends up in the final coronavirus relief package or not—after making its starting pay $15 an hour in 2019— Costco has announced another increase. Starting next week, new employees will be paid $16 an hour, NPR reports. "I...

He Berated Shoppers for Mask Remark. Now, Repercussions

Daniel Maples, said to be a top salesman at Florida's Ted Todd Insurance, has been fired

(Newser) - A Florida man seen screaming at a Costco customer who asked that he wear a mask in line with company policy has lost his job. Ted Todd Insurance identified the man seen in a video viewed more than 11 million times as Daniel Maples, who's described in a biography...

Costco Worker Praised for Handling of Maskless Customer
Costco Worker
Praised for Handling
of Maskless Customer
in case you missed it

Costco Worker Praised for Handling of Maskless Customer

He calmly took man's shopping cart away

(Newser) - "I'll just put you on my 3,000-follower Instagram feed, mostly locals," an irate customer warns a Costco worker wearing a "Tison" name tag after being asked to wear a mask. The video has now been seen by almost 9 million people—and Tison is being...

Hog Farmers Face 'Gut-Wrenching' Decision
Meat Shortage Affecting
One Fast-Food Chain's Menus
THE RUNDOWN

Meat Shortage Affecting One Fast-Food Chain's Menus

Some Wendy's locations don't have burgers

(Newser) - Despite President Trump's executive order dictating that meat processing plants stay open , the specter of meat shortages is being felt across the US—and customers of at least one fast-food chain are taking notice. Bloomberg notes that Wendy's has long advertised itself as offering hamburgers made from fresh...

Costco Shoppers, Things Are About to Change

The retail giant wants you to cover your face inside stores

(Newser) - Costco shoppers, gear up for Monday. That's when the retail giant will begin requiring workers and shoppers to wear masks or face coverings, USA Today reports. "The use of a mask or face covering should not be seen as a substitute for social distancing," the company says...

Costco Draws the Line on Customers

The retail giant limits how many shoppers can enter on a membership card

(Newser) - Costco shoppers, take note: The retail giant says starting Friday it will only allow up to two people inside stores on each membership card, USA Today reports. The company—which has seen huge lineups amid waves of panic buying— announced Wednesday that the "temporary change is for your safety...

Thief's Patience Is Worth $13K in Jewelry

Atlanta-area authorities are asking for people's help

(Newser) - A patient thief managed to make off with $13,000 in jewelry from a Costco after it closed, Fox 5 Atlanta reports. Investigators say the man cased the Atlanta-area store Oct 10, came back a few hours later, hid behind a display by the front wall, and waited there for...

Cop Who Killed Mentally Ill Man Learns His Fate

Officer Salvador Sanchez won't be charged

(Newser) - An off-duty Los Angeles police officer will not be charged for fatally shooting a mentally ill man who had attacked him and his young son from behind in a California Costco, the AP reports. In announcing a grand jury's findings, Riverside County District Attorney Mike Hestrin said Officer Salvador...

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