By Bill Wilson Source: Supermarket News Nobody wants to go back to the beginnings of the COVID-19 pandemic, when the nation experienced an economic lockdown. The latest sales numbers from Costco, however, are reflecting that time. For the second straight month, the super retailer is showing a decline in sales. [...]
Source: Teamsters New Master Agreement Protects 18,000 Costco Workers Coast-to-Coast The Teamsters made history today, securing a new master agreement protecting more than 18,000 workers at Costco nationwide. Ballots were counted at 5 p.m. ET before an independent observer in Portland, Ore., and the agreement was overwhelmingly ratified by a [...]
By Ronnie Koenig Source: Today Costco raised its minimum starting wages to $17 an hour this week. The move comes less than a year after the company raised wages to $16 an hour, its first pay increase since 2019 when the starting rate was $15/hour. According to the October 19 [...]
By Russell Redman Source: Supermarket News Costco Wholesale has begun testing same-day online grocery delivery with Uber Technologies in Texas. San Francisco-based Uber said Wednesday that grocery deliveries via the Uber and Uber Eats mobile apps and websites are being piloted at 25 Costco warehouse clubs in the Dallas, Austin and [...]
By Eric Karlson Source: Supermarket News During COVID, the fear of going out in public significantly changed how people shopped in 2020. What happens now to grocery shopping needs as the pandemic fades and people are feeling more comfortable in public? Based on our Retail Preference Index study from 2017 [...]
Costco reported same-day grocery delivery sales rose 450% during Q2, showing continued high demand for online shopping through the club retailer during the pandemic. CFO Richard Galanti said during the company’s earnings call that its curbside pickup test at three stores in New Mexico is going well with basket sizes [...]
Costco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as 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 [...]
Despite COVID-19 impeding its typically brisk expansion pace of 20 new buildings a year globally, Costco logged 13 openings in 2020 and posted its biggest year ever—$163 billion in sales, Costco Wholesale Corp. President, CEO and Director W. Craig Jelinek reported in the company’s first virtual shareholder meeting. In addition to [...]
Costco is currently offering curbside pickup at three stores in Albuquerque, New Mexico, according to the club retailer’s website. The same-day service, which is powered by Instacart technology and fulfilled by Costco employees, offers around 2,000 items, including grocery and non-grocery items. Product pricing is the same as in-store and [...]