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News Articles: costco

Shoppers exit a Costco warehouse in Cranberry, Pa., on Jan. 28.

Tagged as: 

  • Business

Costco raises pay above $30 an hour for many, as Teamsters union threatens strike

Costco is raising pay for most workers as a Friday night deadline looms on a new contract with its unionized employees.

January 31, 2025
|
By:
  • Alina Selyukh
The Costco logo is displayed on the exterior of a Costco store on July 11, 2024 in Richmond, California.

Tagged as: 

  • National

Costco's shareholders overwhelmingly reject anti-DEI proposal

Costco's shareholders voted overwhelmingly to reject a proposal from a conservative think tank aimed at getting the company to roll back its diversity hiring practices.

January 23, 2025
|
By:
  • Scott Neuman and
  • Alana Wise
From left: Elon Musk, a sloth, Tom Cruise.

Tagged as: 

  • National

Who or what did Trump call 'the greatest cutter' this week? Find out in the quiz

After the blissful news avalanches of campaign hijinks and the Olympics, we're back to the usual soup of science, retail and animals.

August 16, 2024
|
By:
  • Holly J. Morris
Customers wait in line at a Costco food court in Hawthorne, California.

Tagged as: 

  • Business

Costco hot dogs have cost $1.50 since the 1980s. Here's why prices aren't changing

Costco's new leadership says the $1.50 price tag on its beloved hot dog combo is "safe." Experts explain how the retailer has defied inflation — and why it's willing to eat the cost.

June 04, 2024
|
By:
  • Rachel Treisman
Costco's rotisserie chicken is still sold for $4.99, despite rising costs.

Tagged as: 

  • Food

Inflation is raising prices on almost everything, except rotisserie chicken

While chicken prices nationwide have increased, retailers such as Costco and BJ's are still selling rotisserie chickens for under $5. That's part of a broader strategy.

June 07, 2022
|
By:
  • Rachel Treisman
Facing a union effort, Starbucks, which is also making changes to training and scheduling, says that it supports the workers' right to organize but that a union was unnecessary.

Tagged as: 

  • Business

Starbucks and Costco raise wages in the nationwide competition for workers

Costco pays $17 an hour after a second raise this year. Starbucks is raising hourly pay to $15 amid a union effort. Major chains are pushing to draw workers, who have shunned a million retail jobs.

October 28, 2021
|
By:
  • Alina Selyukh
Shoppers line up to buy supplies at Costco Wholesale in New Jersey last year as fears over COVID-19 grew around the world. The company recently reintroduced limits on toilet paper, cleaning supplies and other products as it copes with supply chain challenges.

Tagged as: 

  • Business

Limits On Toilet Paper And Cleaning Supplies Are Back At Costco

Costco Chief Financial Officer Richard Galanti said an anticipated uptick in demand as the delta variant surges and supply chain challenges led to the purchase limits on key household items.

September 24, 2021
|
By:
  • Jonathan Franklin
People wait to shop at a Costco in Texas on Feb. 20. Next week's pay increase would put Costco ahead of much of the industry.

Tagged as: 

  • Business

Costco To Raise Minimum Wage To $16 An Hour: 'This Isn't Altruism'

Next week's pay increase would put Costco ahead of much of the industry. CEO W. Craig Jelinek said higher pay reduces turnover and boosts productivity.

February 25, 2021
|
By:
  • Alina Selyukh

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