Costco News Updates

The growing availability of Costco on third-party delivery apps increases the competition for rival Instacart, which was one of Costco’s first third-party partners. 

Costco's Kirkland Signature full-synthetic motor oil 5-quart two-pack now costs around $58, well above the approximately $30 it had been selling for just last year. 

The DOJ expanded its antitrust inquiry of the meatpacking industry by demanding information on surging beef prices from Amazon, Costco, Walmart and others.

Target is expanding the size of the grocery section by more than 20% in nearly 150 remodeled stores and more than 50% in 300 new locations, carving out additional space for fresh produce and trendy items.

Competitors such as Walmart and Target scheduled overlapping promotions, boosting traffic and shopping across the web.

The nation’s largest supermarket operator said June 18 that same-store sales grew 1% excluding fuel.

Costco Wholesale reported higher-than-expected profit in the latest quarter, showing the club chain continues to gain ground among cautious U.S. shoppers. 

Kroger is looking to compete more fiercely with Walmart and other companies that have gained ground in recent years at the expense of traditional grocery operators.

Costco Wholesale's quarterly profit rose more than expected, showing the club chain is capitalizing on an extended period of sales growth. 

The justices were silent on the refund question, leaving questions of payback to the New York-based U.S. Court of International Trade. No one expects a speedy resolution.