Costco raises minimum wage to $16
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John
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Costco raises its minimum wage above rivals like Amazon, Target and Best Buy

Costco has around 180,000 US employees, and 90% of them work hourly. It will hike its minimum wage to $16 beginning next week…

Read more on CNN.com

‘I will continue happily shopping there forever’: Costco customers react to retailer’s new $16 minimum wage

Some 180,000 U.S.-based Costco employees will begin earning a minimum of $16 an hour starting next week, the membership warehouse retailer’s CEO announced Thursday

Read more on marketwatch.com

Costco drops Chaokoh coconut milk over allegations of forced monkey labor
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John
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The alleged use of forced monkey labor has led Costco to stop selling Thai-made coconut products.

Read more at New York Post (the page contains disturbing video).

Costco In News – October 2020
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John
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Costco In News – September 2020
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John
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Merrillville, Indiana, November 2018

Costco could lose $11M after Thanksgiving site crash
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John
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Costco could face nearly $11 million in losses after its website malfunctioned on Thanksgiving, according to data analyzed by retail website Love the Sales.

Read more at foxbusiness.com

How Kirkland Signature powers Costco’s success
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John
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Last year, it raked in nearly $40 billion, an 11% increase from 2017. That’s more than JCPenney and Macy’s combined. Kirkland’s sales also beat out Campbell Soup, Kellogg, and Hershey put together.

Kirkland, which Costco sells for at least 20% cheaper than national brands at its warehouses, helps the club keep prices low even on the products it doesn’t make.

Read more at CNN Business (Warning – this page plays video automatically, lower the volume before click.)

https://www.cnn.com/2019/01/10/business/costco-kirkland-signature-brand/

Costco Shopper Booted After 14th Free Cracker
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John
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Here is a funny & interesting story.

Costco management took the unprecedented step of removing a shopper from its Oakland, California store for abusing its free sample program. Bill Wentworth of San Jose, CA was forcibly ushered to the exit after management spotted him eating a 14th lobster dip cracker.

Wentworth utilized crude props to dupe unsuspecting Costco workers, such as fake beards, mirrored sunglasses, and wheelchairs. He also spoke to workers using fake foreign accents…. 

The story doesn’t stop there.
More embarrassing story continues at GlossyNews Article

* How do they know he had 14 crackers, not 13 or 15?