Costco News

New Costco Locations Coming Soon

Jan
21

http://shop.costco.com/In-The-Warehouse/Locations-Coming-Soon.aspx

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REOPENING - TAMASAKAI, JAPAN - FEBRUARY 24, 2012
KOBE SEISHIN, JAPAN - FEBRUARY 25, 2012
RELOCATION - ANCASTER, ON, CANADA - MARCH 8, 2012
HUNTINGTON BEACH, CA, USA - MAY 3, 2012
CHICAGO (SOUTH LOOP), IL, USA - JUNE 2012
CORALVILLE, IA, USA - JUNE 2012
PITTSFIELD TOWNSHIP, MI, USA - JULY 2012

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Costco to Raise Membership Fee

Oct
05

NO~!!!! 

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Costco Wholesale Corp. said it is raising membership fees for about 22 million customers, as the largest U.S. warehouse club operator seeks to offset rising costs.

The 10% increase in membership fees, going into effect next month, may help offset the disappointing operating margin the company showed in the latest quarter. Operating margin shrank to 2.7% from 2.9% amid double-digit increases in merchandise and overhead costs on a percentage basis.

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John's Note:

So, basically, if you are a regular member, your membership will be $55.00/year.  Executive membership will be $110.00/year.

I am keeping my membership.

Posted By john 6 Comments read more

Costco Car Wash Coming Up - $7.99

Mar
13

Oh my God, you guys.

Costco Car Wash is coming up at Oxnard store.

I was wondering what they were doing at the parking lot.  I thought they were building a multiple story parking structure.

Car wash will be $7.99.  This has to be good.

I am happy for Costco.  I am also a little worried about small business owners.  There are a lot of hard working folks in my area who wash cars on location.

Anyway, this $7.99 Costco car wash must be good value.  I am pretty sure I will not use this car wash service because they are too busy with a long waiting line.  But, I will definitely get my car washed at Costco if there is no line.

They even recycle water. This is an exciting development.

Good for you, Costco.  This is brilliant.

Costco Car Wash Costco Car Wash sign at Oxnard Costco (Gas Pump)

 

Posted By john 7 Comments read more

Founder of Price Club, Sol Price dies 93

Dec
14

Sol Price (January 23, 1916 – December 14, 2009) was the founder of FedMart and Price Club (since merged into Costco). He is considered a pioneer of the "warehouse store" retail model. He was a 1934 graduate of San Diego State University, and in 1938 earned a law degree from the University of Southern California Law School. Price was admitted to the California Bar in November 1938.

Price Club was merged into Costco in 1993.

I couldn't find the cause of his death.

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76th Costco built in Canada opened in Peterborough

Oct
02

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Let the treasure hunt begin.

The doors to the first ever Costco in Peterborough opened today at 8 a. m.

Last night at an invitation-only pre-celebration, eager customers, business people and local politicians got their first glance at the 145,000-square-foot store.

There were rows and rows of perfectly stacked iPods, vitamins, chocolates and perfectly folded coats and towels -- all waiting for eager hands to rummage through the piles for the perfect purchase.

General manager James Dalton, who relocated from Halifax, said customers should look forward to the "treasure hunt that we always have."

The Bastian family is ready. "We're thrilled," said Ralph Bastian.

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