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Costco Wholesale Corp.'s president and CEO, James Sinegal, received compensation valued at $2.7 million for the 2009 fiscal year, according to a proxy statement filed Friday with the Securities and Exchange Commission.
Coca-Cola Co. products will soon be available again in Costco stores now that a pricing dispute with the wholesale club operator has been settled.
Costco customers may have to look elsewhere for Coca-Cola products now that the retailer has stopped carrying them because the pair are fighting over prices.
Costco says it will start accepting food stamps at its warehouse clubs nationwide after testing them at stores in New York.
As consumers have limited their spending, retailers have become increasingly competitive to lure them into their stores — typically focusing on value to draw the cost-conscious. At the same time, retailers are seeing prices drop on some items as manufactures adjust to lower demand, lower input prices and other factors.
Costco Wholesale Corp. said Wednesday that a stronger dollar and higher employee health care costs helped drive its fiscal fourth-quarter profit down 6 percent, but the results beat analysts' expectations.
Costco Wholesale Corp. on Thursday apologized to any of its customers who may have been offended by a doll the company pulled from its stores after a complaint about possible racist connotations.
Costco Wholesale Corp. said Thursday that its fiscal third-quarter profit fell 29 percent, partly because of a charge, as sales of bigger-ticket discretionary items continued to soften.
Responding to the economic pressures on its shoppers, Costco Wholesale Corp. said Wednesday that it will soon install the equipment to accept food stamps at two of its New York City stores as part of a pilot program.
The food safety system in this country is outdated and inadequate and needs a major overhaul.
Costco Wholesale Corp. said Wednesday that its fiscal second-quarter profit fell 27 percent partly on lower non-foods sales and some deeper discounting, while the stronger dollar and falling gas prices took a toll on same-store sales.
Costco Wholesale Corp. said Wednesday its profit for the quarter ending in February will "substantially" miss Wall Street estimates due to poor sales and margins.
Jon Lowder usually disdains computer-generated telephone calls — “robo-calls,” he grumbles — but when he got two this week from Costco Wholesale Corp., the Winston-Salem, N.C., man didn’t mind.
A Dec. 11 story about Costco's quarterly results was datelined Issaquah, Wash. It should have been datelined Portland, Ore., where the writer is based.
Warehouse-club operator Costco Wholesale Corp. said Wednesday that its fourth-quarter profit rose 7 percent as consumers shopped for bargains in the tough economy.
A Costco shareholder has filed a lawsuit against the wholesale club company, claiming its insiders were involved in a scheme to illegally backdate stock options.
Costco Wholesale Corp. — which has attracted shoppers looking for cheaper options — warned Wednesday that its earnings in the current quarter will be below Wall Street expectations as it faces higher energy costs that are crimping profit margins.
Costco Wholesale Corp. said Wednesday that its earnings for the current quarter will be lower than expected as it delays raising prices on items from food to patio sets amid soaring energy costs that have accelerated in recent weeks.
Costco Wholesale Corp. reported a 32 percent jump in its fiscal third-quarter profit Thursday, topping Wall Street expectations, as cash-squeezed customers flocked to its warehouse clubs in search of bargains on food and toiletries.
Costco Wholesale Corp.'s second-quarter profit rose 31 percent, as penny-pinching consumers looking for the cheapest gallon of gasoline filled up their tanks at the warehouse club operator.
Warehouse retailer Costco Wholesale Corp. said Thursday its fiscal first-quarter profit rose 11 percent on increased sales and higher revenue from membership fees.
One of Pablo Picasso's daughters has questioned the authenticity of a drawing listed for sale on Costco Wholesale Corp.'s Web site, and for two others already sold over the past two years as works by the iconic Spanish cubist.
Costco Pulls Produce to Protect Palin "It turns out that Palin had been pelted with a tomato at an earlier stop on her book tour and the management at the Costco was determined it wouldn't happen here. " Wow, that was in Utah and they still had to do that for her. I do think Costco was smart to do so.
Salt Lake City Costco Removes Tomatoes Ahead Of Palin EventA Costco in Salt Lake City, Utah reportedly removed all of its tomatoes ahead of a Sarah Palin book tour event, after a man was arrested for attempting to hit Palin with a tomato at an earlier event in Minnesota.
Man Goes Into Business Delivering Costco To Overpriced NYC NeighborhoodsGroceries on the Upper East Side and Upper West Side of Manhattan are expensive. How expensive? One guy with a truck has started a business delivering cheaper groceries. One catch, he doesn't own a grocery store.
SpeedTrack Sues Just About Every Major Online Retailer Over Patent InfringementSoftware developer SpeedTrack has filed suit against nearly two dozen major online retailers, including Amazon.com, Best Buy, Overstock.com, Nike, Costco and Dell, accusing the major online retailers of infringing some patent that supposedly covers a search mechanism customers ca …
Seattle Named 2009 City of the Year In a year like this, we need a city upon a hill.
My hat is off to Costco for demonstrating very admirable corporate responsibility. We received a pre-recorded phone call this afternoon, informing us that a food product we recently purchased at one of its stores had been recalled due to possible salmonella poisoning.
Costco shopper finds black widow spider in grapes | Top Stories | KING5.com | News for Seattle, Washington
Retracing the Path Toxic Powder Took To Food in China - washingtonpost.comThis article digs through, with interviews from China, the Melamine/Milk dilution industry that emerged at the time of the Peking Olympics.
Kimmel Goes to Costco (humor video)Kimmel goes to Costco, what else do you need to know? He samples food. He buys humongous stuff. I thought we maybe needed a laugh. Here is also embedded video, maybe.
This Story Affects Every Person on the Planet: UC Santa Barbara chemist goes nano with CoQ10If Bruce Lipshutz has his way, you may soon be buying bottles of water brimming with the life-sustaining coenzyme CoQ10 at your local Costco.
Solution, or Mess? A Milk Jug for a Green EarthA simple change to the design of the gallon milk jug, adopted by Wal-Mart and Costco, seems made for the times. The jugs are cheaper to ship and better for the environment, the milk is fresher when it arrives in stores, and it costs less.
China To Cease Rice Exports On Weak Dollar - Global Rice Shortage FearedThere's growing concern about a rice shortage. A recent rise in processing costs and increased demand have led to a shortage across the world. Some have tried to stockpile, but there are growing fears some people could have difficulty feeding their families.
Seattle helps shape what nation readsTen years ago, Nancy Pearl started a program for Seattle public libraries that she hoped would get adults excited about literature. It was called, "If All of Seattle Read the Same Book."
Are Biometrics the Future of Credit Cards?Credit and debit cards have taken the place of cash for most modern transactions. What's next? According to research from Emme Kozloff, a Sanford Bernstein analyst, the power to buy groceries will soon be at your fingertips.
Insignia photo frame virus much nastier than originally thoughtUgh, we were already sick of digital photo frames -- and now it looks those now-discontinued virus-ridden Insignia units from Best Buy and several other models produced in China were carrying a much nastier trojan that we'd originally heard.
Costco's newest supplier: the sunA company that boasts of annually selling more than 100 million pounds of ground beef and 40 million rotisserie chickens may find it hard to minimize its carbon footprint.
Costco boss bucks Wall Street by being generous to workers, customersIt's the night before Costco's grand opening in Gig Harbor and a gray-haired man in penny loafers and an open-collar shirt is roaming the warehouse, collecting $1 bills. From the electronics section to the food court, employees approach the 71-year-old and hand over George Washi …
Tightening the Beltway, the Elite Shop Costco RICHARD PERLE said he was game for a reconnaissance mission. Mr. Perle, the neoconservative and former adviser to Donald Rumsfeld, offered to walk through his local Costco, pointing out the products that he said were increasingly drawing D.C. power shoppers like himself.
NYT on Monsanto & Pennsylvania Ag Bureaucrats Trying to Force Bovine Growth Hormone on ConsumersPennsylvania is banning labels on milk and dairy products that say it comes from cows that haven't been treated with artificial bovine growth hormone, which is sometimes known as rBGH or rBST.
FOX Business Unveils the FOX 50That's why we at FOX Business decided to cobble together the FOX 50 (FOX50), an index of the largest U.S. companies that make the products you know and use every day. Think of it as the stock index of your life.
DC Sniper 'Lee Boyd Malvo' Calls Daughter Of A Victim ....Cheryll Witz was shopping for a birthday cake at Costco in Tuscon, Ariz. when she received a call on her cell phone from Lee Boyd Malvo, the man serving a life sentence for killing her father in a murder spree five years ago....
Why Do Costco and Sam's Treat Me Like a Criminal?Unless you signed a contract (CostCo, Sam's Club, etc) you do not have to nor should you show your receipt to the door monkeys. Why? Once you have purchased the item it is your property. The bag it is in is your property.
Getting a lesson in retail inside world's busiest CostcoThe Iwilei Costco - the largest among the company's three Oahu locations - posted $300 million in sales last year. Iwilei is so busy, in fact, that it turns its entire inventory every two-and-a-half to three weeks...
If There's a High-Definition TV in Your Future, Wait Till After the HolidaysElectronics retailers are selling more HDTVs than ever, but are making less money on them, so they are tightening return policies, dropping entry-level models and pushing additional services.
Disney backs out of wine promotion featuring cartoon ratC'est la vie, Remy. The Mouse has decided that Costco's wine aisle is no place for a cartoon rat.
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