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Costco's profits also soared as gross margin improved from 10.3% to 10.8%, and its membership fees, which essentially go straight to the bottom line, rose by 8% to $1.12 billion. As a result ...
Costco Wholesale, the bulk retailer with 139 locations in California, will soon require shoppers to scan their membership card prior to entering a warehouse. Costco looks to crack down on ...
New CFO Gary Millerchip has promised not to touch the price of the company's signature $1.50 hot-dog-and-drink combo, however, protecting what has been a Costco staple since 1985. Comparable sales ...
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But the retailer is now taking that longstanding policy to a whole new level at one of its most important locations.This week, several Costco shoppers took to Reddit to report that the warehouse ...
Major U.S. retailers collectively lost a whopping $112 billion because of crime last year, according to a recent report from the National Retail Federation (NRF). But Costco (NYSE:COST) isn’t ...
In December, longtime Costco CEO Craig Jelinek told Yahoo Finance that the retailer had "no plans to change" the prices of its $1.50 hot dog and soda combo.. Costco last raised membership prices ...
Costco membership prices are still likely to go up, the company's chief financial officer says, but for now they're staying the course. Richard Galanti, the company’s chief financial officer ...